Credit union vehicle loans outstanding have dropped 2.2% so far in 2012 but lending activity is still higher than it was a year ago.
The $47 million Secure First Credit Union was cleaning up Tuesday after a tornado swept over its main office on Monday in Birmingham, Ala.
"I often say sleep is for sissies, fuel up on coffee, roll up your sleeves and get working,” said Lisa Brown, president/CEO of Tallahassee-Leon Federal Credit Union. “I’m a huge proponent of lifelong learning. The moment you think you know everything and stop listening is the minute you set yourself...
CU Solution Group’s auto lending alliance with Invest in America and General Motors has yielded 130,098 loans from nearly 300,000 members.
The latest forecasts for new auto loan originations at credit unions appear to be positive but with some caveats.
It's been almost two decades since credit unions first decided to offer indirect auto lending. At that time, most credit unions
Credit Union Direct Lending, an indirect and point-of-purchase auto lending solutions CUSO, has entered into an agreement with PAR North America to help credit unions advance their vehicle recovery efforts and processes.
In today's legislative and economic climate, the credit union industry is facing myriad unknowns.
Total vehicle sales were down from May to June, continuing their bumpy ride through 2010.
The economic downturn of the past two years has been tough on banks, but it has presented the best opportunity in decades for credit unions to grow by expanding their base of auto loans.