Aug. 3, 2015


Comments

 
 
 
  • It is great to see that credit unions are being more aggressive in owning the auto loan market. This is not good news though for credit unions who do not have a robust indirect lending presence. Those credit unions are likely missing out as more of their members are financing with other credit unions, banks and captive lenders at the dealership. If you are one of these credit unions and don't have an effective outreach strategy to recapture your members loans being shipped off to another institution, your loan growth is already suffering.
    Nick