Under the Hood: Latest deal drives CU ABS volume over $4B
First Community Credit Union issued inaugural auto ABS deal
First Community Credit Union has joined the growing ranks of credit union auto loan securitizers. The Houston-based financial institution issued a $263.3 million 144A securitization, becoming the 11th credit union to securitize since the National Credit Union Administration approved securitization as a funding method in 2017. . First Community Credit Union’s (FCCU) transaction propelled credit […]
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