RANCHO CUCAMONGA, Calif. – Coastal FCU, Raleigh, N.C. has become the first credit union in North Carolina to implement the Credit Union Direct Lending indirect lending system, making North Carolina the latest state CUDL has operations in. With the addition of North Carolina, that makes 12 states CUDL is operational in, serving more than 260 CUs and 2,000 dealerships. The other 11 states are California, Nevada, Washington, Oregon, Texas, Massachusetts, New Hampshire, Rhode Island, Florida, Minnesota, and Virginia. Coastal FCU has $1.2 billion in assets, more than 115,000 members and 15 branch locations.
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
Already have an account? Sign In Now
© 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.