Consumers may not be very alarmed about recalls because repairs are made at no charge.
An auto loan portfolio worth $463 million and vehicle lending as a core product for over 50 years were factors that put Mission Federal Credit Union ahead of the pack during the bidding process for Autoland Inc.
This preview from next week's print edition takes an in-depth look at Mission FCU's acquisition of the Autoland CUSO.
That two-door hatchback with the spiffy, cushy interior bought back in 2003 may be on its last wheels.
A much anticipated gift arrived during the holidays when third quarter data showed credit unions posted their strongest loan performance in history.
Vehicle loan originations continued to be a bright spot for credit unions this year.
It’s been six months since the NCUA put Telesis Community Credit Union’s stake in Autoland Inc.’s up for sale, but the agency is mum on where the bidding process now stands.
A sustained demand for new cars has helped Autoland Inc. post positive earnings through August, the auto buying CUSO said.
When it comes to auto loan portfolio acquisitions, some might see credit unions as the equivalent of little fish being circled in waters full of sharks–banks and other lenders.
The sharks are circling as banks eye boosting their share of car loans. Get the story in this preview from next week's print edition.