A new app that automates matching between buyers and sellers of private party vehicles is the latest to make its way to credit unions.
App includes credit union loan application so the funding of private sales isn't lost to banks and other lenders.
Eight credit unions were recently recognized for their lending practices in 2013 by CU Direct.
Nearly 70% of auto lenders polled by CU Direct said increasing dealer network relationships was their number one goal in 2014.
Credit unions continue to bask in the glow of their record auto lending growth, but an increase in subprime repossessions may be a cause for pause.
Nine more credit unions have signed partnership agreements with CU Direct Corp.
Four more credit unions have signed on with GrooveCar Inc., an auto services provider.
Storm leads to easing of payment schedule.