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Finance Insurance

Exploiting mistrust of big banks to win loans

"With the financial challenges of the last couple of years, there is a mistrust of large banking institutions," Phil Maniaci says. "We've seen a fair amount, a good number of people who have moved their accounts from banks to credit unions."
November 28, 2012 05:00 AM

Credit Union Direct Lending, better known as CUDL, is attracting more dealerships to list their inventory on its AutoSMART shopping Web site. The site, cudlautosmart.com, enables car shoppers to browse the dealership listings and then apply for a pre-approved loan through a credit union.

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