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Credit unions continue to see growth in auto lending

Abrigo

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Lending Focus – Interest Rate Sensitivity and Credit Accuracy. If you look back over any recession, it is the two years prior when banks make 80% of their lending mistakes. Many banks, for example, are still hyper-competitive in multifamily lending. Remember all those five-year fixed-rate loans you booked at 4%?

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15 Minutes With … Jimmy Rasmussen

Independent Banker

Finally, I focus on economic news in our markets, which include five communities south of Houston. The Houston region has seen substantial layoffs, and the daily headlines predict more will be announced. Our lending strongly supports our tourist economy. IB: How is Texas’s economy holding up with the severe drop in oil prices?

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Why Migrant Workers Need Financial Service Offerings All Their Own

PYMNTS

Trust is also an issue, particularly for consumers coming from nations where banking services are far less reliable and trusted than in the U.S.,” The first of those community centers will be in Houston, home to both Majority and Rebtel’s U.S. headquarters.

Community 126
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Why Migrant Workers Need Their Own Financial Services

PYMNTS

Trust is also an issue, particularly for consumers coming from nations where banking services are far less reliable and trusted than in the U.S.,” The first of those community centers will be in Houston, home to both Majority and Rebtel’s U.S. headquarters.

Community 116
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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. The Houston metro took the 10th spot with a 20.3% It includes Hewlett Packard Enterprise, which is moving its headquarters to the Houston area. Photo by Dennis Burnett. By Mindy Charski.

Texas 182
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BBVA Compass Cuts More Energy Loans

American Banker

Profits at BBVA Compass Bancshares dipped in the third quarter as the Houston company continued to slash its energy portfolio.

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