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
#Consumersentiment highest in 11 years @Umich January survey http://t.co/64ORm6b0Fc
3 hours ago
#creditunions teach #college students how to handle the plastic http://t.co/SYy24PSQmn
3 hours ago
How you might change how you bank in 2015 @Bankrate http://t.co/wRhQsyTvul
3 hours ago
#NewsNow Ohio, Ga. video: Merchants not watching your wallet http://t.co/7jc7rECKSF
4 hours ago
What will a viking raid? Town or your wallet? http://t.co/JJYXXAGk7g @OhioCreditUnion @GCUAGov #StoptheDataBreaches http://t.co/7jc7rECKSF
5 hours ago