CU Solution Group’s auto lending alliance with Invest in America and General Motors has yielded 130,098 loans from nearly 300,000 members.
The latest forecasts for new auto loan originations at credit unions appear to be positive but with some caveats.
Banker attacks will not stop more states from adopting credit union savings raffles, according to a Boston-area savings advocacy group.
CU Xpress Lease Inc. is on a record-setting pace in auto leasing activity with 2010 up 100% on year-over-year numbers from 2009.
You're likely to see auto lending pick up in 2011. Many of those loans will be for practical rather than high-end vehicles.
What if 75% of credit unions used a single security systems company? Imagine the power that single company would have. Let's assume that single security company did a great job, year after year. Is that really healthy for the credit unions?
Total vehicle sales were down from May to June, continuing their bumpy ride through 2010.
With the recent proposed merger announcement from $2.7 billion Wings Financial Community Credit Union and $41 million Highgrove Community Federal Credit Union, the pool of small credit unions just got a little smaller.
The industry-backed Invest in America auto discount program has lost one of its partners-the Cadillac Division of General Motors Corp.
The $41 million Highgrove Community Federal Credit Union and the $2.7 billion Wings Financial Credit Union have reached an agreement to merge operations.