HAUPPAUGE, N.Y.–GrooveCar is reporting that its credit union specific, auto-buying resource has been receiving praise for its innovation, performance, value and relevance.
Fresh Today
READING, Penn.–After 30 years in commercial lending and the past five with Diamond Credit Union, Business Services Manager James Hufford found a unique way to retire.
BISMARCK, N.D.–The Credit Union Association of the Dakotas said it has partnered with Larky, a Filene Impact Program that helps build credit union member loyalty by utilizing a location-aware app platform.
WASHINGTON—The Federal Trade Commission has charged nine Los Angeles-area auto dealerships and their owners with using a wide range of deceptive and unfair sales and financing practices.
WASHINGTON–A new analysis of credit unions between $500 million and $1 billion in assets reveals different areas of strength when it comes to asset, loan, share, and member growth across the NCUA’s five designated regions.
LAWRENCEVILLE, Ga.—A new report reveals that a large number of auto lenders don’t leverage residual data for their portfolio, despite the majority admitting that portfolio risk assessment and remarketing remains at the top of their portfolio strategy for the growing number of used vehicles.
MADISON, Wis.–Loan volume remains robustly steady at credit unions, while more than 400,000 new members joined a CU during July. At the same time, reports CUNA Mutual’s latest Trends Report, the pace of credit union consolidation has slowed considerably.
WASHINGTON—The Consumer Financial Protection Bureau has issued the procedures its examiners will use in identifying consumer harm and risks related to the Military Lending Act rule, which was updated in July 2015.
LAS VEGAS–Credit unions here were given an overview by NCUA of the new FFIEC Cybersecurity Assessment Tool (CAT).
LOMBARD, Ill.– Raddon Financial Group has announced the winners of its Crystal Performance Award for credit unions, which recognize the top 22 performing CUs among the 500 that are part of its Raddon CEO Strategies Group.