The $18 billion Pentagon Federal Credit Union in Alexandria,Va., has joined auto underwriter Open Lending as a client.
The firm underwrites auto loans to credit union members whosecredit scores might not be strong enough to have obtained loans ontheir own.
PenFed will join more than 200 other credit unions currentlyusing the Open Lending Lenders Protection platform, according toJohn Flynn, president/CEO of Open Lending in Austin, Texas.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
NOT FOR REPRINT
© 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.
