Jan. 5, 2009


  • Good article on Auto Lending. Hopefully the webinar will address not only the concerns about lending when nobody seems to be buying cars , but the opportunity for CU's to protect thier portfolios from the troubles borrowers are facing. A solid portfolio means the ability to continue solid growth.
    Kevin Fox
  • I agree with you Kevin. Loan quality is still paramount. The good news however, is that delinquency and charge-off rates have remained at manageable levels during this growth. This goes a long way to show that credit unions are not increasing market share by simply going after the loans that did not meet the quality standards of other lenders. That is certainly an issue we will be touching on during the webinar, especially as it relates to dealer relationships and underwriting standards.
    Nick Connors