BY: Vicky Kinsey IH Mississippi Valley Credit Union (IHMVCU) and its auto lending CUSO Members Auto Solutions (MAS) has seen a steady growth in membership and assets since it was founded in 1934. One of the areas to see significant growth was their auto loan origination. From 2016 to 2018, outgrowing their balance sheet, the[…]
Is your indirect lending provider checking all the boxes?
July 26, 2022 Vicky Kinsey, VP of Marketing In October of 2020, North Carolina Community Federal CU (NCCFCU) was working with an established national provider for indirect lending services. Even though they had an indirect program, they were still processing and decisioning all loans with no after-hours coverage. One of their big challenges was the[…]
Cherokee Strip CU is a Model for Smaller Credit Unions Indirect Lending Programs
June 1, 2022 Vicky Kinsey, VP of Marketing Cherokee Strip CU set out to look for a partner to help them set up an indirect lending program for their Credit Union. Their goals were simple: Reach a wider membership, make it easier for members to obtain car loans and be available outside of working hours[…]
Bayou Federal Credit Union Success Story
MAY 15, 2022 Vicky Kinsey, VP of Marketing Founded in 1954, Bayou Federal Credit Union (Bayou) has assisted members in “Discovering the Difference” – the Credit Union Difference. Bayou makes a difference for more than 8,000 members. Before joining CUAC in 2015, Bayou FCU started and managed an in-house indirect program that was steadily[…]
Expedition Credit Union Success Story
April 29, 2022 Vicky Kinsey, VP of Marketing Expedition Credit Union (ExpCu) joined the CUAC indirect program in February 2019 bringing a diverse indirect lending experience to the program. CUAC’s reputation as the leader in the industry was pivotal in the final choice and will prove true as they have not only met but exceeded[…]
Citizens Federal Credit Union Enjoys Indirect Success Through CUAC
April 15, 2022 Vicky Kinsey, VP of Marketing Citizens Federal Credit Union (CFCU) joined CUAC in June of 2018 as the first credit union in the West Texas Market. At the time, CFCU was looking for a partner to help them grow their auto lending program. After an extensive search, the choice was clear –[…]
ProFed Federal CU Sees Great Loan Growth Through Responsible Indirect Lending Program
March 21, 2022 by Luke Prather, CU Alliance CUSO Like many lending institutions, ProFed Federal Credit Union in Fort Wayne, Indiana was looking for ways to move excess funds to higher yielding instruments as the economy gained some life in 2017. Indirect lending was one pursuit. Both the CEO and CLO had experience with successful[…]
Alabama CU Services Adds Greater Value to Its Indirect Program by Partnering with CUAC
February 10, 2022 by Vicky Kinsey, Vice President of Marketing, CU Alliance CUSO Alabama CU Services, a CUSO based in Tuscaloosa, AL, operates a very successful indirect program in over a dozen states and provides auto, power‐sports, and tractor lending. Historically, Alabama CU Services provided indirect services only to Alabama Credit Union. However, ACUSI saw[…]