Credit union auto outstandings dip 3.1% year over year
60-plus day delinquencies rose 11 bps YoY to 0.9%
Credit union auto loan production declined as delinquencies rose during the third quarter. Auto loan outstandings across 4,499 federally insured credit unions totaled $485.7 billion at the end of Q3, down 3.1% year over year, according to the National Credit Union Administration’s (NCUA) quarterly report published Dec. 5. NCUA is a government-backed insurer of U.S. […]
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