Citizens Community Credit Union ($165M, Fort Dodge, IA) boasts the highest auto loan penetration for any credit union in the industry. They report having over 92% of their members with an auto loan, up 3% from last year. They have an average auto loan balance of $8,802 significantly below the industry average of $11,244 and their state average of $10,348.
TOP 10 CREDIT UNIONS IN AUTO LOAN PENETRATION
DATA AS OF DECEMBER 31, 2012
© Callahan & Associates | www.creditunions.com
|
Rank |
State |
Name |
% of Members w/Auto Loan |
Total Auto Loan Balances |
Total Assets |
Auto Loans/Total Loans |
|
1 |
IA |
Citizens Community |
92.19% |
$110,519,070 |
$164,837,821 |
92.17% |
|
2 |
OR |
Consolidated |
84.3% |
$26,832,641 |
$171,890,363 |
23.18% |
|
3 |
TX |
Dallas |
70.35% |
$19,558,581 |
$45,351,066 |
52.96% |
|
4 |
CA |
Hanin |
64.49% |
$10,641,213 |
$21,151,263 |
75.93% |
|
5 |
GA |
Atlanta Postal |
59.88% |
$432,325,103 |
$2,030,877,899 |
47.98% |
|
6 |
KS |
Meritrust |
52.87% |
$462,911,423 |
$838,681,513 |
67.05% |
|
7 |
IN |
CommunityWide |
52.36% |
$196,222,537 |
$311,477,157 |
74.07% |
|
8 |
OH |
General Electric |
52.18% |
$921,148,687 |
$1,672,740,960 |
61.35% |
|
9 |
IN |
Charles St. Community |
47.92% |
$16,047,703 |
$31,695,056 |
75.83% |
|
10 |
CA |
Eagle Community |
47.21% |
$30,813,030 |
$204,977,204 |
31.66% |
Generated by Callahan & Associates' Peer-to-Peer Software.