by Craig Simmers | Oct 13, 2022 | Auto Loan Growth
Interest Rates Have Increased We’ve all noticed that interest rates have risen over the past several months. The Fed isn’t done with rate increases, and this limits the number of prospects that qualify to refinance their vehicles. In some markets, available...
by Craig Simmers | Oct 13, 2022 | Stellar Insights Introductions
View Newsletter as a PDF Welcome to our Fall Edition of Stellar Insights. This time of the year is critical as we start to analyze year-to-date results, begin strategic planning for the upcoming year, and ultimately finalize budgets and plans. That being said, we felt...
by Craig Simmers | Aug 11, 2022 | Auto Loan Growth
Rate Increases Got Your Loan Volume Down? As interest rates increase and the mortgage market slows, many financial institutions are seeing a decrease in loan volume. Our Stellar Auto Loan Recapture Program continues to perform extremely well for our clients. Since...
by Craig Simmers | Jul 6, 2022 | Auto Loan Growth
Credit Union Members are Vulnerable A comprehensive growth strategy requires both an offensive and defensive approach. Member retention is essential to the financial growth and success of any credit union. Obtaining new members requires a lot of time, money, and...
by Craig Simmers | Jun 21, 2022 | Auto Loan Growth
Member Retention is Essential to Growth Think about how much it costs to secure a new member. Now think about how little time and money you dedicate to retaining them long-term. With the Stellar Financial Group’s auto recapture program, an integral part of the...
