diff --git a/Sources/SnapshotTesting/AssertSnapshot.swift b/Sources/SnapshotTesting/AssertSnapshot.swift
index fefe1e6f7..de0d20b84 100644
--- a/Sources/SnapshotTesting/AssertSnapshot.swift
+++ b/Sources/SnapshotTesting/AssertSnapshot.swift
@@ -316,10 +316,25 @@ public func verifySnapshot<Value, Format>(
       }
 
       let testName = sanitizePathComponent(testName)
-      let snapshotFileUrl =
-        snapshotDirectoryUrl
-        .appendingPathComponent("\(testName).\(identifier)")
-        .appendingPathExtension(snapshotting.pathExtension ?? "")
+
+      // Check the bundle for the resource first, then the file system
+      // But, if we're recording, don't bother checking the bundle, since we aren't comparing it to anything, and
+      // want the new file to be generated in the source directory, not the bundle.
+      var snapshotFileUrlCandidate: URL?
+      if record != .all {
+        let thisBundle = Bundle(for: CleanCounterBetweenTestCases.self)
+        let resourcePath = thisBundle.path(forResource: "\(testName).\(identifier)",  ofType: snapshotting.pathExtension)
+        snapshotFileUrlCandidate = resourcePath.map({ URL(fileURLWithPath: $0) })
+      }
+      if snapshotFileUrlCandidate == nil {
+        snapshotFileUrlCandidate = snapshotDirectoryUrl
+          .appendingPathComponent("\(testName).\(identifier)")
+          .appendingPathExtension(snapshotting.pathExtension ?? "")
+      }
+      guard let snapshotFileUrl = snapshotFileUrlCandidate else {
+        return nil
+      }
+
       let fileManager = FileManager.default
       try fileManager.createDirectory(at: snapshotDirectoryUrl, withIntermediateDirectories: true)