Leveraging Automotive Trends to Refocus 2024 Membership Growth Strategies

CUs can re-capture market share by embracing EV sales, protection plans and online vehicle shopping.

By Mark Edmundson | January 05, 2024 at 09:00 AM

Automotive Dealership Store. New and Pre Owned Vehicles in Front of the Showroom Building.

Entering 2024, it's important for credit unions and their leadership teams to have a firm understanding of the large trends in the automotive industry. Staying current on industry trends can greatly impact credit unions' auto loan portfolio strategies as they begin to plan throughout the year.

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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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