GM Financial’s originations declined in the fourth quarter as finance penetration shrank and vehicle sales slowed.

Ford and GM have received FDIC approval to create new banks in Utah, offering direct auto financing. Discover how this could ...

FDIC approves deposit insurance for Ford and GM banks, clearing the way for industrial banks focused on auto financing and ...

The establishment of industrial banks by Ford Credit and GM Financial is expected to lead to lower funding costs, netting a ...

Both automakers must stand up their respective banks within 12 months. After that, they must maintain a minimum 15% tier 1 ...

FDIC approves Ford Credit Bank and GM Financial Bank deposit insurance for Utah industrial banks funding auto loans via ...

industry average for new-vehicle subprime financing stood at 6.1 percent in Q3, and General Motors exceeded that level at 7.8 percent. Of that third-quarter amount, GM Financial is originating 29.2 ...

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 delivered a solid, above-average performance in the recently released J.D. Power 2025 U.S. Automotive Financing Satisfaction Study, navigating an auto loan landscape defined by ...