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Indirect Loan Losses Not Hurting CUDL's Biz

RANCHO CUCAMONGA, Calif. -- CUDL President & CEO Tony Boutelle he's noticed some credit unions have curtailed their indirect lending programs lately, offering the service only to existing members in an attempt to control increasing delinquencies and loan losses.

By Heather Anderson | Updated on August 05, 2008

RANCHO CUCAMONGA, Calif. — CUDL President & CEO Tony Boutelle he’s noticed some credit unions have curtailed their indirect lending programs lately, offering the service only to existing members in an attempt to control increasing delinquencies and loan losses.

However, it hasn’t hurt CUDL’s business any.

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