Organic loan growth is the most profitable loan revenue source because it comes from existing memberships.
CU Direct reports leases accounted for 32% of new vehicles so far this year, compared to 27% in 2015.
A preferred dealer network is critical to driving your auto loan business to the next level.
Andysheh Ayatollahi will serve six years in prison for scamming Navy Federal with a straw loan scheme.
The case for offering online consumer loan modifications.
During the past year, memberships grew 4.2%. CUNA Mutual projects that membership should grow more than 3% this year.
New car sales are expected to reach 17.7 million in 2016.
One in four vehicles sold is financed by a credit union – a 20% jump compared to 2015.
CUNA reports strong auto lending in Q1 2016 while the Money Anxiety Index highlights a stall in spending.
First mortgage originations total $126 billion at credit unions, representing a 33% increase over 2014.