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Auto Loans Account For 55% Of 2012’s Overall Credit Union Lending Growth

Friday, February 15, 2013 - 5:55 AM
From the Credit Union Times
Overall, total loan growth finished 2012 at 4.4%, a marked improvement over the past three years, Colby pointed out. Vehicle loan growth accounted for 55% of the gain

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This is a little bit of good news for savers since growing loan demand encourages credit unions to raise deposit rates.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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