BUILD YOUR AUTO LOAN PORTFOLIO
CUAC puts you in control of your indirect program to grow your auto loan portfolio responsibly, including control over dealers, risk, rates, etc. The indirect landscape can be difficult to navigate. With our industry-leading technology and over 25 years of experience, CUAC can provide you with the tools and expertise to ensure that your credit union significantly and safely grows its portfolio.
INCREASE NEW MEMBER LOANS
One of the most important reasons for utilizing an indirect program is the ability to create new member loans. It is imperative that credit unions be at the point-of-sale for their members to compete against captive finance companies, national & regional banks and its local competitors. With auto loans becoming more and more of a commodity, it is important to not only increase membership size, but also capture new members. Allow CUAC to share its best practices on accomplishing both.
DIVERSIFY LOAN MIX
In today’s lending environment, it is essential that credit unions diversify their loan mix. Not simply so that they can service all of their members’ needs; however, to also diversify their portfolio mix. With point-of-sale opportunities on a variety of products, credit unions can broaden their loan portfolios with responsible levels of risk and return.