During the first six months of 2013, Enterprise Car Sales said it generated $224 million in loan volume to more than 12,000 credit union members.
That figure marked a nearly 20% increase in used car loan volume with its credit union partners from January to June compared to the same time period in 2012, the St. Louis, Mo.-based company said.
Mark McAndrews, assistant vice president of Enterprise Car Sales, said its credit union partners have done an exceptional job of generating more leads, sales and loan volume. In addition, ongoing credit union programs and activities such as monthly co-op promotional offers exclusively for members have had a positive impact on results.
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.
