It’s tax time again, and we have received several questions about 1095-B forms.
Monthly Archives: January 2017
Over the past year, credit unions have seen an increasing trend in used vehicle loan delinquencies. In a December 2016 article, S&P Global explained; at the end of the third quarter of 2016, used vehicle loans were the largest delinquent category for credit unions and accounted for $3.70 billion, or 28.41 percent of total delinquencies. As a result of increased delinquencies, charge-offs and vehicle repossessions tend to go hand in hand.
Insurance Trust is pleased to announce our Spring Lending School presented by renowned credit union industry speaker, Brett Christensen. This informative workshop will take place on April 5-6, 2017 at Holiday Inn by the Bay in Portland, ME. The lending school is split into two 1-day sessions. Day 1 is designed for CEOs and executive management and day 2 will focus on lending management and loan staff related topics. This event is part of our ongoing ‘Insurance Trust University’ training initiative and semi-annual live lending school workshop.