News

Credit unions want the USA PATRIOT ACT, but have some problems with its requirements, specifically record retention. See page 4.

Despite an uptick in other areas of CUs' loan portfolios, auto lending remains vital to credit unions' lending services. Turn to pages 20 & 21 and see what innovative auto loan products CUs are offering.

MOUNDS VIEW, Minn. - Liberty Marketing Services, , a subsidiary of Liberty Enterprises, has come out with its newest offering, DRIVET, that provides marketing tools to credit unions promoting auto loan programs. DRIVE integrates database marketing, research, marketing communications and strategies into what Tony Rizzo, president of Liberty Creative described...

WASHINGTON - A quick look at numbers showing the percentage of auto and mortgage loans credit unions have outstanding may seem like credit unions are putting more emphasis on the mortgage side of their portfolios at the expense of the loan product that has been the mainstay of CUs' loan...

WESTLAKE VILLAGE, Calif. - Credit unions are making inroads on their relationships with auto dealers, but they need to spend more time cultivating those ties. That's the word from Jim Lohmann, senior research manager/auto finance at J.D. Power and Associates. The marketing information firm recently released its 2002 Dealer Financing...

MARLBOROUGH, Mass.- Everything happens in its own time, or so the saying goes. In the Fall of 2000, Digital FCU, the largest credit union in New England and the "fastest growing credit union in America from 1996 to 2001," according to a Callahan & Associates survey, attempted CU Direct Lending's...