Greater than 1 / 4 of people that financed a automobile within the second quarter did so by means of a credit score union, in line with an Experian report launched Thursday.

Experian’s “State of the Automotive Finance Market” report confirmed credit score unions produced 25.8% of the loans and leases from lenders within the three months ending June 30, up from 18.3% a yr earlier and 22.1% on this yr’s first quarter.

Credit score unions have been second solely to banks’ 27.9% share and surpassed captive lenders’ 22.6% share within the second quarter.