"Online buying, where the consumer buys a vehicle sight unseen is doable if you provide enough detail on the vehicle. That will give the consumer the feeling they've touched the car and kicked the tires." – Tom Kontos, vice president, analytical services, Adessa Corp. commenting at the Credit Union Direct Lending 2003 symposium on the trend and potential of auto auctions. "Its like the Missouri slogan, `show me.' They want to see the bottom line on paper on how rewards can boost their debit program." – Dennis Driscoll, vice president for enhancements, Certegy Card Services, on credit union caution when evaluating debit card marketing. "There's concerns from the fixed-income members of credit unions that are looking at very low rates, in fact negative in real terms, on a lot of their share accounts. So that's another concern that credit unions are facing now of having to re-price their share accounts with another cut." -

NAFCU Economist Jeff Taylor discussing the effects of the most recent and potential rate cuts by the Federal Open Market Committee on credit unions.

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:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
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.