Welcome to the age-old challenge of credit unions: Maintaining suitable performance while providing quality and low-cost services to your membership, especially those most economically vulnerable. Mission or Revenue. Hold up, OR? ¿Por qué no los dos? Mission AND Revenue! Together, we’ll uncover products which build revenues while advancing your credit…
When did your credit union launch its indirect auto lending program? Many large institutions began theirs in the 1990s. They weren’t without challenges. The sector experienced only moderate growth until 2012, when a major shift occurred. Major bank lenders, after suffering losses exaggerated by the impacts of the Great Recession,…
Traditionally, your credit union has had to wait to become part of a member’s car-buying journey: Neither are the immersive, consultative, and forward-looking strategies you want. A credit union car buying service should be a key component of your credit union’s auto lending strategy. For more than a decade, GreenProfit…
Your credit union car buying service platform is core to your auto lending strategy. By leveraging this tool, however, your credit union is injected early into members’ car buying journey, while also serving members with simplicity, savings, and financial empowerment. What are the goals for your car buying service? We’ve…
Everyone loves growing car loans at credit unions. With low rates, affordable protection products, like GAP and Vehicle Service Contracts, plus friendly staff, all your driving members should finance their car at your credit union. Auto lending is a tool to empower members, but it’s also a major profit center…
Get the Ultimate Guide to Car Buying Services eBook! Grow direct lending and offer your protection products, while managing emerging challenges. It’s everything you need to know!
