As of March 31, 2018, credit unions held $343.9 billion in auto loans. That’s up 10.9% from the first quarter of 2017.
At 35.0% of total lending, auto lending trailed only first mortgage lending for dominance in the portfolio. More than 2,400 credit unions nationwide hold 50% or more of their loans in auto.
Answer the questions below to test your credit union auto lending knowledge.