BISMARCK, N.D. – Highmark FCU recently completed a $2.97 million transaction through Midwest Corporate FCU's CARPooL program. The CARPooL program is a Charlie Mac product that corporates offer their member credit unions. The $2.97 million transaction allows Highmark FCU to clear its balance sheet and offer new loans. "A strategic partnership in the secondary market is essential for credit unions to maintain a successful indirect auto-lending program," said John Carlson, president/CEO, Highmark FCU.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
