Lending

NCUF testing program to help credit unions make more auto loans to lower income members.

NCUF testing program to help credit unions make more auto loans to lower income members.

Nearly half of all credit union loan growth this year can be traced back to auto loans, setting the stage for record expansion across the industry for 2013.

Analysts are predicting slow sales this holiday season, but credit unions say they are ready, willing and able to help members on Black Friday and beyond.

The Madison, Wis.-based CUNA Strategic Services recently announced a financial investment in CU Solutions Group, which was formed in 2010 by combining several entities including CU Village, HRN, and Koker Goodwin into one company.

Fewer than 1% defaults on full-financing mortgage option, biggest credit union says.