auto lending

• Five CUs Make Nation’s Top 25 Auto Lenders List: SNL Financial

  By Michelle A. Samaad  |  March 13, 2013

  Navy Federal comes in at 14th while PenFed, at 22nd, posts highest quarterly growth rate among the top 25 in 4Q 2012.

• 510 Largest CUs Account for 80% of Auto Loan Growth

  By Michelle A. Samaad  |  March 13, 2013

  CUNA Mutual Group says industry's total vehicle loan portfolio increased in each of the past 12 months.

• Favorable Loan Terms, Low Rates Push Monthly Car Payments Down: Experian

  By Michelle A. Samaad  |  March 7, 2013

  Average loan terms for a new vehicle jumped to an all-time high of 65 months, up from 63 months in Q4 2011.

• CU Direct Confab to Feature Diverse Speaker Lineup

  By Michelle A. Samaad  |  March 4, 2013

  Las Vegas gathering in May to feature economists, consultants and lending marketplace expertise.

• Auto Loan Delinquency Rates Drop to Near Record Low: TransUnion

  By Michelle A. Samaad  |  February 28, 2013

  The ratio of borrowers that are 60 more days past due on their auto loans continue to remain at near historic low levels, TransUnion says.

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  CUNA Mutual Debuts AskAuto App at GAC

  By Michelle A. Samaad  |  February 25, 2013

  Smartphone app allows credit union members to scan VIN and get cost information, EPA mileage, other basic information and make notes.

• Auto Loans Account for 55% of 2012’s Overall Credit Union Lending Growth

  By Michelle A. Samaad  |  February 14, 2013

  CUNA Mutual report cites continuing strength that chief economist expects to see continue.

• Enterprise Helps Northeast Credit Unions Boost Used Car Loans

  By Michelle A. Samaad  |  February 7, 2013

  Even before Hurricane Sandy blew across several states, Enterprise Car Sales said it was helping credit unions increase their used car loan volume.

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  Auto Lending to Get a Boost From Sandy

  By Michelle A. Samaad  |  January 30, 2013

  Many victims of Hurricane Sandy are still cleaning up and trying to put their lives back together four months after the storm’s destructive floods wiped out entire communities.

• Auto Lending Helps Altura CU Post Strong 2012 Financials

  By Michelle A. Samaad  |  January 24, 2013

  Once-troubled California credit union says 2012 was best in its history.