The chart includes information on outstanding auto loans and the share of auto loans that are subprime by lender type. The chart appeared in the Federal Reserve Bank of New York's Liberty Street Economics.
Banks followed by credit unions had the largest amount of outstanding auto loans. Credit unions had the lowest share of subprime loans.
To read more of the Liberty Street Economics piece, click here.
Interesting to see the delinquency being so low. In the Cincinnati market GECU doesn't appear to be anywhere near that .70% delinquency. They recently sold a large block of loans to Regional Acceptance (Division of BB&T). Also, for the last several months they have had a very large number of repossessions at OKI Auto Auction.
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