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Allegiance Credit Union taps CDs amid liquidity crunch

Non-prime Auto Financing Conference 2023

Riley Wolfbauer

PLANO, Texas — Allegiance Credit Union is leaning on certificate of deposit specials to grow liquidity as credit unions look to increase assets to originate more loans. “We tried to throw out certificate of deposit [CD] specials [to raise capital],” Amy Downs, president and chief executive of Allegiance Credit Union, told Auto Finance News Wednesday […]

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