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.
If credit unions stick to what they know when it comes to pricing for vehicle lending, it could pay off in the long run in building return and profits.
When Navy Federal Credit Union launched its auto buying program, it was important to have a component that would arm members with information that would help them avoid getting into upside-down deals or paying for unnecessary services.
Total vehicle sales started 2011 off the same way 2010 ended: in a slow but steady upward trend, according to NAFCU.
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.
Check out our on-site coverage of the Diana Dykstra's first annual conference with the California and Nevada Credit Union Leagues exclusively online.
ANAHEIM, Calif. -- Re-imagining what a magazine could be led to the founding of edgy business publication Fast Company.
Total vehicle sales were down from May to June, continuing their bumpy ride through 2010.