Auto Lending Articles
Strategies For Success in Today’s Competitive Lending Marketplace — the Focus of Drive ’15 Conference
How can credit unions better compete against banks and other financial institutions in an increasingly competitive lending landscape? Engaging members more effectively — and more often, improving member loyalty, and capturing more member loans, are all vital aspects of gaining an edge in today’s marketplace. Problem is, where do you go to get the expert…
Achieving Sustainable Loan Growth (Part 1)
Framing the Problem For every credit union that has invested heavily in its lending process, there are plenty more who haven’t. Ok, most haven’t. This is surprising considering the majority of a credit union’s earnings are loan-related and most strive to deliver a quality member experience. This may also be why our industry struggles to…
Focus on CU and Dealer Relationships
Credit Union Case Study Discover how one credit union has been able to build successful dealer relationships that have led to increased loan volume and grown membership. Credit Union of America needed to capture the auto loans it was losing at dealerships, as well as grow its membership. The Wichita, Kansas-based credit union recognized that…