Lending

Just about a year ago, I wrote in these pages that credit unions must have felt like they were riding a roller coaster with their auto lending programs. After all, their market share had gone up and down as the overall auto lending industry had several chaotic years.

As the prices for new and used cars edge higher, more consumers are opting to ride off the dealerships lot in a leased vehicle.

Despite the frustrations that some credit unions face with building long-term, multiple product and service relationships with members who come through the door via indirect lending, the loans have continued to be a meaty portion in many portfolios.

CUNA Mutual Group and the CUNA Lending Council are looking for the industrys top credit union lenders to be considered for its annual lending awards.

Employment in the mortgage industry has risen for the past three quarters, a new report said Monday.

Several banks were named top lenders by the SBA on Monday as it kicked off events to mark National Small Business Week.