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Company Approves Dividend

Company Approves Dividend Featured

CU Direct, a national provider of lending, automotive and strategic solutions to the credit union industry, announced that the company’s Board of Directors has approved a 3 percent cash dividend to its 108 credit union shareholders for a record 12th consecutive year.
Credit unions funded 1.4 million loans through CU Direct’s Lending 360 and CUDL lending platform, generating a record $30 billion in credit union auto loans in 2016, surpassing the company’s record $26 billion in loans funded in 2015. Further reflecting their growing marketplace strength, CU Direct credit unions have increased auto loans 55.6 percent since 2013.

Last modified on Wednesday, 25 January 2017 14:57