Search
 

TCUL Lending Services partners with Centrix Financial

FARMERS BRANCH, Texas - The Texas Credit Union League (TCUL) Lending Services has teamed with Centrix Financial to offer an auto lending program to credit-impaired members with minimal risk. The Centrix Financial Portfolio Management Program is a turnkey system that features all of the operating procedures for underwriting, servicing, collection...

By Staff Writer | Updated on July 10, 2001

FARMERS BRANCH, Texas – The Texas Credit Union League (TCUL) Lending Services has teamed with Centrix Financial to offer an auto lending program to credit-impaired members with minimal risk. The Centrix Financial Portfolio Management Program is a turnkey system that features all of the operating procedures for underwriting, servicing, collection and management of non-standard auto loans. In addition, each loan has a default insurance, which insures against principal loans. Linda Winkfein, vice president of TCUL Lending Services said the program should produce loan yields of at least 11% annually for participating credit unions. It’s a great way for credit unions to serve their members with credit problems, attract new members, and earn a good return on new loans, said Winkfein. TCUL Lending Services has scheduled training meetings in Dallas, Midland, San Antonio and Houston in August to explain the program in greater details to credit unions and answer their questions. -

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.