No Let Up in Credit Unions Auto Lending Strength

WEST PALM BEACH, Fla. - Despite being faced with new competitive auto lending challenges from dealerships and auto manufacturers like employee discount pricing, credit unions' strength in the auto lending market shows no signs of slackening and members continue to come to their credit union for auto loan financing. CUs'...

By Staff Writer | October 04, 2005 at 08:00 PM

WEST PALM BEACH, Fla. – Despite being faced with new competitive auto lending challenges from dealerships and auto manufacturers like employee discount pricing, credit unions' strength in the auto lending market shows no signs of slackening and members continue to come to their credit union for auto loan financing. CUs' auto lending market share continues to grow and particularly their involvement with using outsourced, third-party relationships to make indirect auto loans.

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