Blog

Meet AFG at Lending Tech Live 2022

If you are attending Lending Tech Live at the Gaylord Rockies in Colorado, stop by AFG's booth (#124). You can make an appointment with a representative here: https://go.autofinancialgroup.com/lending-tech-live-2022
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Auto Financial Group Announces Q2 2022 Results

Houston, Texas – Auto Financial Group (AFG), one of the nation’s leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q2 2022 today. In the second quarter of 2022, AFG signed four new credit unions to its Walk-Away Balloon Lending Program: First Service Credit Union, Allied Healthcare Federal Credit Union, Northern Credit Union and Centricity Credit Union. These four credit unions represent combined assets of over $1.6 billion and a reach increase of 6.8…

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Auto Financial Group Announces Q1 2022 Results

Houston, Texas – Auto Financial Group (AFG), one of the nation’s leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q1 2022 today. In the first quarter of 2022, AFG signed seven new credit unions to its Walk-Away Balloon Lending Program: Empire ONE Federal Credit Union, Limestone Federal Credit Union, P1FCU, Sikorsky Financial Credit Union, Inc., MyCredit Union, Vibe Credit Union, and Clearpath Federal Credit Union. These seven credit unions represent combined assets of…

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Holly Bentley celebrates 10th Anniversary with AFG

Holly Bentley, Territory Manager, celebrated her 10th anniversary with Auto Financial Group yesterday. In Holly’s typical hard-working fashion, she marked her anniversary by representing AFG at the CUNA Governmental Affairs Conference in Washington D.C. Thank you, Holly, for all your hard work in the past decade. We look forward to your contributions in the next one!
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Auto Financial Group Announces Q4 2021 Results

Houston, Texas – 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 2021 today. In the fourth quarter of 2021, AFG signed three new credit unions to its Walk-away Balloon Lending Program: Tri-Cities Community Federal Credit Union, Texar Federal Credit Union, and Riverfront Federal Credit Union. These three credit unions represent combined assets of nearly $800 million and a reach increase of nearly 1 million…
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Auto Financial Group Signs Integration Agreement With Sync1 Systems

Houston, Texas – Auto Financial Group (AFG), announced today that Sync1 Systems, an Austin-based, next-generation loan origination software (LOS) provider, has signed an integration agreement with AFG. This partnership further reinforces AFG’s mission to continue pursuing innovative solutions for their clients. Sync1’s loan origination software (LOS) is designed to promote growth in lending and membership, while quickly delivering key features to members. With this partnership, AFG’s programs will be integrated into the Sync1 loan origination system. “With this exciting new…
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Is Loan Growth Keeping Pace With Deposit Growth At Your Credit Union?

Since the start of the pandemic, deposits at credit unions have risen at unprecedented levels. According to data from NCUA, credit union account balances have risen nearly 60% in the past five years. With loan demand lagging, credit unions have had to pivot to lower yielding investments, which may ultimately strain capitalization requirements. Read full article on creditunions.com
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