News

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...

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...

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...

Sara Vega returns to credit union supervisor's role in Illinois. Page 4.

Find out what happened during NCUA's final board meeting of 2002. Page 3.

Find out the latest in the California card suit that has banks and credit unions on the same team. Page 3.