The exclusive General Motors credit union member discount program that generated 400,000 credit union loans worth $9.2 billion will hit the end of the road in less than a month.
"GM, after almost seven years on this program that many thought would last only six months, decided not to extend the contract," Dave Adams, president/CEO of the Michigan Credit Union League & Affiliates, said Monday. "We're disappointed. We would have liked the program to go on forever. But we understand the realities of the automotive industry as well."
The program will be suspended on Oct. 1.
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