Weekly Wrap: CUs put increased deposits to work in auto

Last week, credit unions once again took center stage, with CU Loan Direct posting 100% year-over-year origination growth as the company expands into new markets and increases the number of participating CUs. Credit unions have increasingly been shaking up the way they do business in auto finance, with Unify Federal Credit Union and Credito Real making their inaugural auto asset-backed securitization this year.