Who are the top 10 credit unions with the highest average auto loan balance?

 
 

Self Reliance New York ($938.6M, New York, NY) reported average auto loan balance $79,197 as of March 2013, which was the highest of all credit unions over $20 million in assets. 96% of auto loan portfolio is comprised of used auto loans.  Bourns Employees ($36.5M, Riverside, CA) came in second with $37,450 in the same quarter. South Metro ($76.3M, Prior Lake, MN) rounded out the top three with $24,910, up 12.0% from a year prior.

The industry average for average auto loan balance in the first quarter of 2013 was $11,947, 3.9% lower than one year ago at $12,434. The larger increase in the total number of auto loan accounts compared to the increase in total auto loan balance caused the average auto loan balance to fall over the past year. 

LEADERS IN AVERAGE AUTO LOAN BALANCE
Data as of March 31, 2013 for Credit Unions Over $20M in Assets
© Callahan & Associates | www.creditunions.com

  Credit Union State Average Loan Balance New Auto Loan Balance Used Auto Loan Balance Total Assets
1 Self Reliance New York NY $79,197 $37,628 $912,730 $938,647,913
2 Bourns Employees CA $37,450 $294,822 $1,577,660 $36,540,073
3 South Metro MN $24,910 $7,810,752 $5,316,729 $76,308,871
4 St. Francis Campus Employees MN $22,154 $12,048,126 $7,159,663 $49,080,913
5 Southern TX $20,614 $18,130,336 $14,852,375 $73,439,755
6 Public Employees TX $20,130 $72,920,391 $28,513,429 $282,511,808
7 Kauai Government Employees HI $19,377 $6,330,920 $11,573,235 $94,603,674
8 Reliance KS $18,978 $1,152,504 $3,117,494 $20,093,511
9 Lomto NY $18,840 $425,544 $610,662 $247,873,406
10 Nassau Educators NY $18,837 $272,662,378 $85,365,572 $2,021,976,973


Generated by Callahan & Associates' Peer-to-Peer Analytics

 
 

Aug. 21, 2013


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