Auto lending

Home loan originations rose by double digits in the third quarter while auto loan originations approached an all-time high, according to new household credit data from the New York Fed.

Whitefish Credit Union has surpassed $1.5 billion in total assets thanks to growth in consumer loans brought on by an increased digital marketing presence.

Top officials at Bank of America and Wells Fargo said that commercial loan demand is weak, even as U.S. consumers show strength. Their comments echo recent findings by the Federal Reserve.

One organization's findings reveal that financial counseling, when done right, can also help boost institutions' lending and brand recognition.

The transaction will expand the CUSO's reach to nearly 1,200 credit unions.

The credit card issuer, which recorded an 11% decline in net income last quarter, took one-time charges in connection with a U.K. sales scandal, the start of a new partnership with Walmart and a recent data breach.

Credit unions have been heavily focused on millennials but serving older consumers is just as important. Vehicle leasing is one way to reach both demographics.

While demand is strong and loan performance generally remains solid, the prevalence of longer loan terms has sparked concern that losses will eventually spike.

At a national level, loan growth has been on the decline for months and could still get worse. Here's how some credit unions are tackling the issue.

As apps like Uber and Lyft gain more traction, the need for new cars ⁠— and loans ⁠— is expected to diminish.