Auto Financial Group Announces Q4 2020 Results
USA - English
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HOUSTON, Feb. 10, 2021 /PRNewswire/ -- Auto Financial Group (AFG), one of the nation's leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q4 2020 today.
In the fourth quarter of 2020 AFG signed twelve new credit unions to its residual based financing programs: WSSC Federal Credit Union, Mutual Security CU, CoastLife Credit Union, Capitol View Credit Union, Community One Credit Union of Ohio, Inc., University of Nebraska FCU, Filer Credit Union, First Eagle Federal Credit Union, Northern Communities Credit Union, Aegis Credit Union and Post Office Employees Credit Union signed up for the AFG Balloon Lending Program. Additionally, Horizons Federal Credit Union, a current customer of AFG's Balloon program, signed on to AFG's Leasing Program. These twelve credit unions represent combined assets of over $730 million and a reach increase of nearly 2.5 million consumers across ten states.