Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Northwest FCU car show generates 221000 in loans
HERNDON, Va. (5/5/09)--Northwest FCU's members-only Car Show at its Herndon, Va., headquarters April 18 showcased 100 new vehicle makes and models and resulted in $221,000 in loans. The vehicles were from 13 area dealerships that participate in Northwest's auto locating service, said the $1.6 billion asset credit union. The four-hour event featured one-stop shopping, with a variety of makes and models on one lot, on-site trade-in appraisals and on-the-spot financing. Attendees also received a coupon with a 0.75% discount off Northwest's auto loan rates along with dealer incentives worth up to $300 on vehicle purchases. Nine vehicles were sold, and the credit union sold two cars from its selection of off-lease vehicles. "This event was mutually beneficial for our members, the credit union, and our network of dealers," said Mark Rumsey, auto resources manager at the credit union. "At a time when auto sales are down and consumers are experiencing economic challenges, it's exciting to have had such a positive response to this show."
Other Resources

RSS





print
News Now LiveWire
.@NACHAOnline report: ACH volume increases to 23B payments in 2014 http://t.co/va2WYMh4Zv
11 hours ago
.@CUNA's @HampelBill in @washingtonpost on options for wary mortgage borrowers: http://t.co/CPSgTNgwmm
17 hours ago
Housing starts thaw, mortgage rates stand pat #Market #NewsNow http://t.co/hhPj5v5AH3
17 hours ago
.@CUNA files #RBC2 comment, urges #CU system to be heard #NewsNow http://t.co/yfoZHAMlZc
17 hours ago
#NewsNow Youth Month attracts 100,000th member for Mich. CU http://t.co/cgF5o83XlK
18 hours ago