Hughes Federal Credit Union Awarded for Indirect Auto Loans
(Tucson) – March 1 - On Tuesday February 28, 2012, Hughes Federal Credit Union in Tucson, AZ was presented with Mountain West Credit Union Association's 8th annual Indirect Lender of the Year Award for 2011. The award is given to a participating credit union that shows both great progress in the application of their Indirect program as well as substantial and measurable improvements showing the increase in their numbers.
Hughes Federal Credit Union provided 8063 auto loans for a total of $173,413,578 through the Indirect Lending program in 2011, a 345% increase from 2010, setting an Indirect Lending, Credit Union Advantage record. The credit union's membership grew by an additional 14.11% in 2011, 7.98% (6933) of which were by providing Indirect auto loans.
Dixie Hill, VP of Credit Union Advantage, the Indirect Lending arm of the Mountain West Credit Union Association said "Their record is impressive and shows dedication to member service."
Hughes Federal Credit Union has received the Indirect Lender of the Year Award twice.
Congratulations to Hughes Federal Credit Union and their Indirect Lending Staff.
About the Mountain West Credit Union Association
The Mountain West Credit Union Association is the regional tri-state trade association representing 154 member credit unions, 3.2 million credit union members and $29 billion in assets throughout Arizona, Colorado, and Wyoming. Not-for-profit in nature, credit unions provide low cost financial services to their members. Founded in 2011, the Mountain West Credit Union Association serves and supports member credit unions through advocacy, communications, community outreach, education & training, operations, public affairs and regulatory & compliance services. The Mountain West Credit Union Association is affiliated with Credit Union National Association (CUNA), World Council of Credit Unions (WOCCU), and CUNA Mutual Group.