News

See how Chip Filson's love for singing and passion for credit unions made a new patriotic CD a hit in credit union land. Page 6.

Credit unions hold over $144 billion in outstanding auto loans - approximately 39% of the industry's $375 billion loan portfolio While credit unions have had continuing success with used auto loans, new auto loan growth is returning after zero growth in the first half of 2003.

MCLEAN, Va. - Not only are more consumers turning to the Internet to research and purchase vehicles, an increasing number of dealers are also using the Internet to make it earlier for consumers to car shop. An annual survey from the National Automobile Dealers Association (NADA) found that 92% of...

MELVILLE, N.Y. - Members of credit unions throughout Long Island are accustomed to seeing the GrooveCar logo on the doors of area dealerships letting auto shoppers know they are an official GrooveCar dealer and that credit union financing is available to members through them. For a 10-day period this month,...

Leading CU Auto Lenders (as of Sept. 2003) Rank

DETROIT - Industry analysts predicted U.S. auto sales would end 2003 with a strong finish, boosted in part by automakers' aggressive year-end incentive push. DaimlerChrysler AG's Chrysler company was the most aggressive of the Detroit Big Three, offering six-year, interest-free loans and advertising cash rebates of up to $6,000 on...