Lending

DealerTrack, the auto lending financing source for 22,000 car dealerships wants more credit unions to know that it's the "go-to" provider to those that want to increase their indirect loan portfolio. Mark Brown, vice president of lenders solutions at DealerTrack told Credit Union Times they have the "broadest dealer network,...

WASHINGTON -- In a letter to Bank of America, two powerful nationwide consumer groups have urged that overdraft loan programs be limited to depositors who wish to use them and not applied to all accounts.

MADISON, Wis. -- The myriad of reasons for credit unions wanting to offer member business loans are mainly tied to member demand.

HENDERSON, N.V. -- When two former bankers approached Ensign Federal Credit Union late last year about forming a business lending CUSO, CEO Diane Whitaker admits she was more than skeptical.

DENVER -- The $4 billion Security Services Federal Credit Union of San Antonio has been declared the successful bidder for assets of the $180 million New Horizons Credit Union, which went into NCUA conservatorship a year ago after getting into trouble on Centrix Financial subprime and construction loans, the state's...

NEW ORLEANS--In his keynote address at the opening session of the National Federation of Community Development Credit Unions' Serving the Underserved Conference, NCUA Vice Chairman Rodney Hood challenged credit unions to increase homeownership among the underserved.