Credit Unions eye growth after flat 2020

CU auto loan outstandings could rise along with consumer outlook

© Can Stock Photo / welcomia

Credit union total loan balances rose 5% in 2020, though auto loan volume remained flat, according to CUNA Mutual Group. But, this year, the tide will likely turn, and auto loan outstandings will inch higher while total outstandings stagnate. The pace of growth for total loan outstandings at credit unions has declined for four straight […]

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