Open Lending gives Economic Vehicle Accessibility Awards to 20 finance providers
Soon after releasing its full Vehicle Accessibility Report, Open Lending Corp. recognized 20 credit unions and banks on Tuesday through its inaugural Economic Vehicle Accessibility Awards (EVAAs).
Executives highlighted the winning banks and credit unions are Open Lending partners that are driving vehicle access through financing opportunities for creditworthy near- and non-prime consumers.
The winners of the 2023 Economic Vehicle Accessibility Awards include:
Amarillo National Bank
American Heritage Credit Union
Arkansas Federal Credit Union
Blaze Credit Union
Canvas Credit Union
Crescent Bank
Day Air Credit Union
Farm Bureau Bank
Firelands Federal Credit Union
Gesa Credit Union
GHS Federal Credit Union
Idaho Central Credit Union
Independent Bank
Leaders Credit Union
Listerhill Credit Union
Meritrust Credit Union
Sound Credit Union
Space Coast Credit Union
VyStar Credit Union
Woodforest National Bank
“Many deserving borrowers face barriers to vehicle ownership, including historically high costs to buy and own an auto, significantly higher interest rates, and complex automotive lending processes,” said Open Lending senior vice president of marketing Kevin Filan, who is a speaker at Cherokee Media Group’s Auto Intel Summit + National Remarketing Conference, which runs April 23-25 in Cary, N.C.
“The EVAAs are about recognizing and celebrating our partners who are transforming auto lending inclusivity through their commitment to look beyond traditional credit scores and extend the possibility of vehicle ownership to deserving, underserved borrowers,” Filan said.