Car loans for Ford and GM models may be easier to get from new banks that the automakers are now cleared to establish.
Ford and GM have received FDIC approval to create new banks in Utah, offering direct auto financing. Discover how this could ...
Ford and GM have received FDIC approval to create their own banks in Utah, a move that will reshape auto financing for millions of car buyers.
FDIC approves deposit insurance for Ford and GM banks, clearing the way for industrial banks focused on auto financing and ...
The Federal Deposit Protection Agency (FDIC) has authorized Ford and GM to create industrial banks to offer savings accounts ...
While automotive buyers are increasingly struggling with monetary difficulties according to research findings, GM Financial remains a bright spot for them, with customer satisfaction in the service ...
The establishment of industrial banks by Ford Credit and GM Financial is expected to lead to lower funding costs, netting a ...
Bloomberg reports that in a strategic shift for its funding operations, GM Financial Co. quietly orchestrated a $2 billion private sale of auto loans last quarter, bypassing its usual public channels ...
The banks can offer competitive loans to auto customers who might be facing sticker shock, now that the average price of a ...
FDIC approves Ford Credit Bank and GM Financial Bank deposit insurance for Utah industrial banks funding auto loans via ...