State Employees' Credit Union and the Center for Responsible Lending will educate members on avoiding auto dealer add-ons and overpriced financing.
CUNA doesn't need to simply re-install a new version of Mica2.0. Like a credit union with an outdated system, it needs a full core conversion.
Credit bureau also noted that auto loans are consumers' top payment priority in good times and bad.
An auto buying program, a private member sale and a holiday-themed rate special are among the ideas shared.
Credit unions get creative in their efforts woo car shoppers away from their direct competitors, namely dealerships.
Security Service FCU's chief lending officer shares the risks and rewards of indirect auto lending.
The Trailblazer Service to the Underserved winner, the $61 million Lower Valley Credit Union, uses auto loans to provide opportunities for the underserved.
Rural Washington credit union uses auto loans as a major tool for serving its farm-based membership.
Per the Cornerstone league, Arkansas credit unions grew used auto loans 24.4% in 2013, and new auto loans by 4.8%.
Center for Responsible Lending finds Hispanic and black car buyers receive higher interest rates on loans financed through dealerships.