Take a look at the current state of credit union auto lending portfolios.
Eight credit unions were recently recognized for their lending practices in 2013 by CU Direct.
Texas-based Security Service earns plaudits from J.D. Power.
Las Vegas gathering in May to feature economists, consultants and lending marketplace expertise.
Building on a partnership that has spanned many years, CU Direct Connect LLC said it is now a preferred lender for all AutoNation dealerships in Colorado.
A combination of less-generous rate incentives from new vehicle sellers and aggressive rate pricing is accelerating the growth of new car loans at credit unions.
Vehicle lending CUSO CU Direct Connect said its funding volume and unit/share book value have been on an upswing this year.
With some households still experiencing major financial setbacks, credit unions may have to focus on their existing members first to grow their loan programs.
The Ontario, Calif.-based lending solutions provider said CUANY is the 99th organization to become a shareholder.
Nader Moghaddam, president/CEO of Financial Partners Credit Union in Downey, Calif., has been appointed as a director on CU Direct Corp.’s board.