Credit union auto lenders also report an increase in lease activity.
Generation of $22B in credit union auto loan balances helps CUSO grow in 2014.
Auto shopping platform adds more vehicle inventory and more mobile access.
The North American Automotive Marketing Council will include CU Direct partner credit unions and will identify opportunities for growth.
Three percent cash dividend is the CUSO's ninth consecutive annual payout.
Indirect auto lending CUSO said 2013 numbers represent a 25% increase over 2012.
CU Direct names Bob Child new chief of staff.
Seven credit unions were recently recognized by CU Direct Corp. for their lending practices and success in 2011. The credit unions were honored at CU Direct’s annual conference in Chicago in late May.
CU Direct Corp. has recognized seven credit unions for their lending practices and success in 2011.
Auto lending CUSO CU Direct Corp. and a Scottish CUSO have received approval to become associate members of the World Council of Credit Unions.