News

Credit unions say `share and share alike' when it comes to deposit taking ATMs. Page 10.

Auto lending has been many CUs' bread and butter, but credit unions are facing continuing increased competition. Turn to pages 18-20 to read how they're responding and read about other auto lending news.

AUCKLAND, New Zealand - Kiwi credit unions have won a battle with the Parliamentary Sect Committee on Finance and Expenditure and the right to keep the words "bank" and "banking" in their publicity and informational materials, according to Doug McLaren, CEO of the New Zealand Association of Credit Unions (NZACU)....

DEPTFORD, N.J. - A woman has been identified by the Deptford Police Department in Southern New Jersey as the person who has been allegedly attempting to defraud several credit unions by using false identification to originate large auto loans for vehicles that did not exist. Posing under a false name,...

RANCHO CUCAMONGA, Calif. - Credit Union Direct Lending and AutoNation have reached a marketing agreement that makes all of the 63 AutoNation-owned dealerships in Southern and Northern California part of the CUDL network. The agreement brings the total number of dealers in the CUDL network to over 2,000 that will...

WESTLAKE VILLAGE, Calif. - Competition from aggressive new vehicle incentives such as 0% financing and rebates hasn't dampened the popularity of the sales and awareness among consumers of certified pre-owned vehicles. If anything, says J.D. Power and Associates, their popularity is still increasing. J.D. Power and Associates' "2003 Used Vehicle...