Industrial banks allow the companies to accept deposits insured by the Federal Deposit Insurance Corp. into savings accounts.
By Pete Schroeder WASHINGTON, Jan 22 (Reuters) - The Federal Deposit Insurance Corporation announced on Thursday that it had ...
FDIC approves Ford Credit Bank and GM Financial Bank deposit insurance for Utah industrial banks funding auto loans via ...
The FDIC has approved deposit insurance applications for Ford and GM, allowing them to establish industrial banks in Utah.
The FDIC has approved deposit insurance applications from Ford and GM, enabling them to set up industrial banks. Although ...
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 ...
GM Financial, General Motors’ captive auto finance arm, ranked dead average in the recent J.D. Power 2025 U.S. Automotive Finance Digital Experience Study. According to the study, GM Financial scored ...
In the fourth quarter of 2025, 20.3% of new‑car shoppers agreed to monthly payments topping $1,000 — the highest share ever recorded.
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