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Home » Skyla FCU auto decisioning rate hits 18% in Q4

Skyla FCU auto decisioning rate hits 18% in Q4

Credit union’s auto portfolio ended 2024 at $294M

James Van BramerbyJames Van Bramer
January 23, 2025
in Technology
Reading Time: 4 mins read
0
Top of cars in black and white

(Photo/Canva)

Skyla Federal Credit Union’s auto decisioning rate ticked up in the fourth quarter as the lender saw increased demand for auto loans.  The Charlotte, N.C.-based credit union’s automated decisioning rate doubled to 18% by the end of Q4 from 9% at the close of Q3, according to Skyla FCU data provided to Auto Finance News. […]

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Tags: automationPremiumSkyla Federal Credit Union
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