Leveraging the Power of CUDL to Increase Auto Loans, Improve Dealer Production, and Expand into New Markets.
Read the full report to see how Visions Federal Credit Union used CUDL to grow their indirect lending portfolio from $30 million to $250 million in only four years.
Achieve $100 million in annual new indirect auto loan originations within five years from the start of the initiative.
Implement a digital indirect lending system that would enable the credit union to meet its loan growth goals.
In total, Visions' overall indirect portfolio grew from $30 million at the outset to nearly $250 million, in just four years.
Director of Digital Banking at Visions Federal Credit Union
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