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Auto Big Growth Driver at TCF
Minnesota-based TCF Financial Corp.’s auto lending unit was a key growth driver at the bank over the past few quarters,...
Regions Focuses on Deeper Dealer Penetration
Birmingham, Ala.-based Regions Financial Corp.’s indirect auto portfolio increased 6% to $3.2 billion in the first quarter of 2014, compared...
New Model Gives Indie Dealers Greater Leverage
One of the biggest problems independent auto dealers have is getting financing to run their credit operations. Now, a Milwaukee-area...
CRB Almost Doubles Auto Originations
Over the past year, California Republic Bank has been busy pumping up its auto lending business to the tune of...
Auto Yields Slip at Fifth Third
Auto loan yields fell to 2.86% at Fifth Third Bank last quarter, down from 3.29% in the prior-year period. Stiff...
Service CU Predicts Bright Outlook for Auto
Auto lending is a “huge part” of Service Credit Union’s business, and Chief Financial Officer Andrew McGeorge’s outlook for the...
Capital One Committed to Auto
Despite expectations that auto finance revenues, margins and returns will decline from “exceptional to average,” Capital One Bank remains committed...
Comerica Growth Strategy Focused on Adding Dealer Groups
Comerica Inc.'s National Dealer Services Group average loans were $5.3 billion in the first quarter of 2014, up 8% from...
