Unify Financial Credit Union becomes second CU to enter auto ABS market

The $302.9M inaugural transaction is only the second by a CU since 2019

© Can Stock Photo / Elwynn

Credit union securitizations have gotten off to a slow start. In the four years since the National Credit Union Administration approved securitization as a funding method for credit unions, only two CUs have availed themselves of the tool: GTE Federal Credit Union and Unify Financial Credit Union. GTE was the first to enter the auto […]

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