News

ORLANDO, Fla. - As banks continue their merger trend and Baby Boomers and others stand poised to inherit trillions of dollars, credit unions continue to be reminded of the benefits of offering members trust services. "It's not just Baby Boomers but those that are inheriting wealth right now," Dan Wroblewski,...

WASHINGTON - Consumers may be buying more new vehicles, but the characteristics of their loans have changed. According to the Consumer Bankers Association's annual automotive finance study, last year 45% of new vehicle loans had terms of more than 60 months, up from 40% in 2003. In 2000 only a...

AUSTIN, Texas - Teres Solutions has integrated its SAIL indirect lending software solution with DealerTrackT platform's eContracting product, providing credit unions the ability to electronically process and fund auto loan contracts submitted through the DealerTrack network, while reducing loan risk and increasing efficiencies. According to Teres Solutions, one of the...

ST. PAUL, Minn. - The Minnesota Court of Appeals ruled last month that lenders are not required to disclose to retail vehicle loan customers the difference between the annual percentage rate they offer dealerships - know as the buy rate - and the interest rates that dealerships quote to customers....

ORLANDO, Fla. - More than 800 participants were welcomed by CUNA Mutual Group President/CEO Jeff Post to this year's Discovery Conference with the theme "Experience the Power." Post told attendees of his early observations of the credit union industry and the company he was named to lead five months ago....

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