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CUDL's AutoSMART Hits Online Milestones

By Staff Writer

CUDL (CU Direct Corporation), the nation's largest point-of-sale and indirect lending network for credit unions reported high penetration numbers for its AutoSMART program and Web site www.cudlautosmart.com. CUDL announced that AutoSMART reached a record number 453 credit unions and 3,959 auto dealer participants representing some 15 million members.

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Baxter Credit Union Wins Roy F. Bergengren Award for High Achievement

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On-Site Coverage: CUDL Signs With Manheim on Independents

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On-Site Coverage: CUDL Exec Appeals Anew For Auto Loan Unity

Citing the downturn in auto lending in a now difficult market, the outgoing chairman of Credit Union Direct Lending Corp., Henry Wirz, appealed today for greater CU collaboration through the CUDL network as a means to halt the slide.

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June 21, 2007

On-Site Coverage: Kudlow Touts America's Strength at CUNA Mutual's Discovery

A very optimistic Larry Kudlow of CNBC told attendees of CUNA Mutual's Discovery Conference this morning that terrorists have no chance to derail America's economic might and change the way Americans live.

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June 21, 2007

NCUA Board Demonstrates Support for PCA Reform

The NCUA Board showed its unanimous support for the Prompt Corrective Action proposal currently included in the Credit Union Regulatory Improvements Act (H.R. 1537) at today's meeting.

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June 21, 2007

NCUA Board Demonstrates Support for PCA Reform

The NCUA Board showed its unanimous support for the Prompt Corrective Action proposal currently included in the Credit Union Regulatory Improvements Act (H.R. 1537) at today's meeting.

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June 21, 2007

NCUA Proposes to Add Conflict of Interest Provision to Eligible Obligations

The NCUA Board today approved for a 60-day comment period a proposal to insert a conflict of interest clause into its eligible obligations rule.

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June 21, 2007

BestSource CU Gets Back into Issuing Cards Again

Roughly six years after selling it credit card portfolio to Bank of America's FIA Card Services (then MBNA) the $121 million BestSource Credit Union has declined to renew its contract with FIA and gotten back into the business of issuing.

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June 21, 2007