According to CUNA Mutual Group, used vehicle loans at credit unions were up 3.7% year to date and 6.8% since June 2011.
During the first quarter, vehicle buying CUSO Autoland Inc. reported a 16% sales increase over the same period last year.
Vehicle buying CUSO Autoland Inc. said its first quarter earnings included a 16% sales increase over the same period last year.
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.