News

Get the latest news on Auto Lending & Services in the special report on pages 23-26.

After 793 straight columns, 794 will be his last. Find out what publisher Mike Welch has to say in his farewell column on page 14.

WEST PALM BEACH, Fla. - Despite being faced with new competitive auto lending challenges from dealerships and auto manufacturers like employee discount pricing, credit unions' strength in the auto lending market shows no signs of slackening and members continue to come to their credit union for auto loan financing. CUs'...

SAN FRANCISCO -Banks seem to be calling the shots and outpricing credit unions in the current rising rate environment, according to Wisconsin consultant Tom Farin. Addressing a Future Forum panel, Farin, head of his own Fitchburg, Wis. firm and a former Milwaukee banker, said CUs have historically paid the highest...

WESTLAKE VILLAGE, Calif. - As consumers become more familiar with using the Internet to purchase new vehicles, auto dealers are increasingly satisfied with the online buying services providing them sales leads, according to the J.D. Power and Associates' 2005 Dealer Satisfaction with Online Buying Services StudyT released Sept. 13. Although...

SAN FRANCISCO - Of an estimated $1.5 million in pledges and $1.1 million collected, the National Credit Union Foundation said last week it has now distributed $800,000 to Gulf Coast credit unions, their families and volunteers, according to Steve Delfin, executive director. More of the funds are expected to go...