Indirect Lending: The Top 50 Credit Unions

In today's ultra-competitive auto lending market, many credit unions are turning to indirect lending programs to help boost their lending volume. As of March 31, indirect loans make up over 9% of all new loans originated. The list below shows the top 50 credit unions ranked by amount of indirect loans granted in the past 12 months. This leader table was taken from Callahan's 1st Quarter Research & Data Report, which contains financial snapshots, leader tables, and a special report on the best practices in indirect lending.

 
 
In today's ultra-competitive auto lending market, many credit unions are turning to indirect lending programs to help boost their lending volume. As of March 31, indirect loans make up over 9% of all new loans originated. The list below shows the top 50 credit unions ranked by amount of indirect loans granted in the past 12 months. This leader table was taken from Callahan's 1st Quarter Research & Data Report, which contains financial snapshots, leader tables, and a special report on the best practices in indirect lending.
 

 

 

June 30, 2003


Comments

 
 
 
  • Wonder if you overlooked S.C. Federal for the list ?
    Anonymous
     
     
     
  • I noticed that there were no companies listed in South Carolina.
    Anonymous
     
     
     
  • Good to know who is successful so we can contact for further informtion
    Anonymous
     
     
     
  • as of March 31, 2003 SC Federal Credit Union's Indirect portfolio was over $176 million.
    Anonymous
     
     
     
  • ABA comment must have come from a lazy Utah banker... May I suggest that you concentrate (spend your R&D money)on products that help your vaunted SVA & ROA, numbers and continue to bury your auto loan delinquencies deep in you 100% home equity credit lines!
    Anonymous
     
     
     
  • The only problem that I have with it is that we are not listed. And, we shouldn't be.
    Anonymous
     
     
     
  • This report says a lot about the credit union movement in Texas....excuse me, I mean the community banking movement in Texas. This data suggest that certain credit unions are using the indirect market to add members. Used to be that a credit unions marketed to potential members, then sought their loan business. Looks like some of these banks, aka., community chartered credit unions are making loans then soliciting the member. Watch out, here comes the ABA.
    Anonymous