In Brief: CUNA Mutual to Offer Car Loans at Dealerships

CUNA Mutual Group and Western Diversified Services have entered an alliance to offer on-site financing and after-sale products at automobile dealerships.

A pilot program will target two or three markets. An expanded program may open in the third quarter of 1995.

Through the program, credit union members can buy a car, negotiate purchase terms with the dealer, and finance and close the transaction at the dealership.

The financing will be made available by the credit union.

Based in Madison, Wis., CUNA Mutual is the largest provider of insurance products to credit unions.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER