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For members not looking to be saddled with car loan payments that stretch to infinity, some credit unions are discovering that leasing contracts are meeting their needs and boosting the bottom line.Recommended Stories
Auto Loans Slip From Credit Union Portfolios
NCUA and Fed data also show credit unions’ share of auto loans in September has fallen from a year earlier.
Standing at a Precipice: What the Fed’s Rate Cut Should Signal to Credit Unions
With this rate shift and its many implications in mind, now is the time for CUs to reevaluate their lending strategies.
Loans for Cars & Houses Still Falling for Credit Unions in Q3
Results for 10 of the largest credit unions point to auto loans as the biggest factor in falling production.
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