Credit Union Times | Accurate and Timely CU News

ATM Equality in N.J.?

By Staff Writer

Credit unions in New Jersey concerned that bill barring state-charters from charging at the ATM gives federal-chartered institutions the upper-hand.

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New, Used-Car Buyers Using Dealers' Web Sites More

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SACRAMENTO, Calif. - The outcome of pending class action suits on the East coast brought by consumer groups against an auto manufacturer's financing company concerning buy-rate financing could influence the shape legislation on the issue may take in California. Under arrangements dealers have with certain financing companies and institutions, dealers...

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January 07, 2003

CUDL, Callahan to Provide Auto Lending Info with AutoCountUSA

ORLANDO, Fla. - AutoCountUSA, a national research company for the auto industry and a provider of comprehensive news on the new and used auto market, teamed up with Credit Union Direct Lending (CUDL) and Callahan & Associates to help credit unions capture a larger share of the auto financing market....

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January 07, 2003

0% Financing Offers Boost Auto Industry Sales

DETROIT, Mich. - 2002 was one of the best years reported by the U.S. auto industry, thanks to 0% financing incentives. But the same incentives that boosted sales also cut into auto manufacturers' profits, making 2003's outlook questionable. Auto industry observers project that when the numbers for the full year...

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January 07, 2003

CU Auto Loans Shrink in Volume, Grow in Value

WEST PALM BEACH, Fla. - Despite credit unions' best efforts to garner members' vehicle financing, CUs' auto loan portfolios continued to show the effects by October 2002 of competing with record low mortgage rates and dealers' 0% financing offers. Data for all credit unions from CUNA's Economics and Statistics Department...

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January 07, 2003

Misunderstand Auto Insurance Factors

HARTFORD, Conn. - A study recently conducted by the Hartford Financial Services Group reveals an interesting insight into the factors consumers consider influence auto insurance rates. The survey asked 879 adults responsible for car insurance purchasing decisions to rate those factors they thought had the greatest influence on auto insurance...

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December 31, 2002