Bank of the West | Auto Finance News | Auto Finance News

EXCLUSIVE: Bank of the West exits indirect auto

Bank of the West has set the wheels in motion to shutter its indirect auto lending business, sources told Auto Finance News. The San Francisco-based bank has started to lay off salespeople — including its East Coast sales staff — and inform dealers of its impending exit next week. The bank will instead focus on […]

3 Themes to Watch in April

Last month, compliance and operations stories dominated the ranks as Auto Finance News’ most-read March stories. Below are AFN's top three themes to monitor, as determined by the six most-read stories in March. TCPA Settlements As the auto regulatory environment continues to heat up with stiffer oversight on both state and federal levels, TCPA settlements […]

Retouching Operations: Bank of the West Adds to Its Financing Palette

From the March issue: Despite a recent industrywide rise in auto loan delinquencies, one legacy prime lender is expanding its product set to satisfy dealer partners. “We needed to reinvent our business model,” Bank of the West Executive Vice President of Personal Finance Michael Pereira told Auto Finance News. “Bank of the West has a […]
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