State Employees' Credit Union and the Center for Responsible Lending will educate members on avoiding auto dealer add-ons and overpriced financing.
Henderson, Nev., facility has showroom that can accommodate up to 200 vehicles and is nearly 10 times the size of its predecessor.
Texas credit union was defrauded out of more than $4 million in an auto loan kickback scam.
As far as Chris Blough is concerned, even a modest amount of noninterest income is welcome and there can be some additional spinoff benefits.
House conferees turned down a proposal that would place car dealers under the purview of the new Consumer Financial Protection Bureau.
Credit unions have worked hard to establish themselves as the best choice in automotive lending. Both prudent lending practices and neighborly service have solidified an excellent reputation among car buyers.