Shareholder distribution from big CUSO jumps 73% from year before.
For some credit unions, the recipe for high auto loan volumes is a mix of strong relationships with dealers, fast response times and a dedicated staff.
Canadian central credit union reports $13.7 million in profit, 9.6% return on average equity.
CU Direct Corp. and First Associates Loan Servicing have signed a new loan origination and servicing partnership agreement.
Billion-dollar increases in both deposits and loans helped Canada’s credit unions end 2012 on a strong note.
Las Vegas gathering in May to feature economists, consultants and lending marketplace expertise.
The membership of CURoots Cooperative has approved the transfer of the CUSO’s ownership to the California League Services Corp.
Thick in the heyday of originating indirect loans, credit unions basked as the slices of their auto lending portfolios swelled to historic proportions.
In a move to avoid duplication of services and to establish a more equitable pricing structure, the California Credit Union League and CURoots Cooperative said they are in discussions to transfer the CUSO’s ownership to the California League Services Corp.
All current compliance and audit services and contracts to continue uninterrupted.