Auto buying service CUSO Autoland Inc. embarked on a new path when it was purchased by Mission Federal Credit Union’s CUSO in July.
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.
More than a year after co-parent Telesis Community Credit Union’s financial woes pushed it into conservatorship, auto buying CUSO Autoland Inc. said it is looking forward to a fresh start.
“This allows us to stay in the credit union family as a CUSO, with a strong strategic credit union as the majority owner."
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.
Millions of consumers in New York and New England can now receive their power bills online through the e-bill distribution service from Fiserv Inc., if their financial institution is one of the more than 3,000 on the Fiserv bill-pay network.
National Grid, which serves 3.3 million electricity customers and 3.4 million natural gas customers in Massachusetts, New Hampshire, New York and Rhode Island, has added the e-Bill Distribution service from Fiserv Inc.