CU Loan Source doubles originations amid increased consumer deposits

The prime lender now originates about $165 million a month

Indirect auto finance company CU Loan Source has doubled its origination volume since May 2020, largely due to a pandemic-spurred increase in consumer deposits at credit unions. The Atlanta-based credit union service organization, which is owned by several Georgia-based credit unions, originates indirect auto loans for car dealers. As of May 2021, the prime lender’s […]

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