Space Coast Sells $422 Million in Auto Loan Securities

Since 2019, nine CUs have sold over $3 billion in auto loan-backed securities, with most deals occurring this year.

By Jim DuPlessis | December 20, 2023 at 08:00 AM

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One of the credit union movement's largest producers of indirect auto loans sold $422.25 million in securities backed by some of those loans last week.

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4 Loan Portfolios Shrink for Third Month in a Row

5 North Carolina's Coastal Credit Union Surpasses $5 Billion in Assets

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Loan Portfolios Shrink for Third Month in a Row

By Jim DuPlessis | May 10, 2024

America's Credit Unions report also shows total car loans fell from their year-ago level, another first since at least 2014.

Loan Portfolios Shrink for Third Month in a Row

Jovia Financial Launches Commercial Lending CUSO

By Natasha Chilingerian | May 08, 2024

The CUSO serves small financial institutions nationwide, with exclusive services for those in the New York City Metro area.

Jovia Financial Launches Commercial Lending CUSO

Credit Unions Still Gaining in Consumer Loans

By Jim DuPlessis | May 08, 2024

But the pace of balance growth is slowing for credit unions, and for all lenders auto loan growth is the slowest in years.

Credit Unions Still Gaining in Consumer Loans

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