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…
With great auto loan rates, your credit union is the best place for members to finance their next car. And then there’s the refinancing. All those people potentially overpaying for their loans? Well, we can’t have that, right? You know your rates are competitive, and that you can save many…
Earning auto loans at your credit union is important. It’s a primary role of your lending team, whether you focus solely on direct loans or also work with dealers through an indirect channel. And to maintain revenues, it gets substantial resources across the institution. What about all the members who…
What’s a major part of your credit union’s growth strategy? If you’re like most, auto loans are going to be high on that list. Sure, you could go the packaged investment route, leaving zero effort for your team, but that’s not a solution for your whole institution. Let’s look at…
