MADISON, Wis. (3/17/16)--The National Credit Union Foundation released a feasibility study on its Non-Prime Auto Lending program, revealing the success for both participating credit unions and member-borrowers.
CUNA’s compliance staff was recently asked about a garnishment order for a member’s that receives federal benefits. The credit union determined the member did not have enough and the member asked the order be paid in full using those funds.
Credit unions interested in participating in CUNA’s updated regulatory burden have until Thursday to register for an introductory webinar. The study will bring CUNA, leagues and credit unions updated data to bring to policymakers.