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Champlain National Bank Enters Indirect Channel

Champlain National Bank has entered the indirect auto finance channel behind a cloud-based loan origination system developed by Teledata Communications Inc. The bank is currently integrated with Dealertrack and RouteOne, and has signed 'a substantial number of dealers' in the New York region.

No Good Deed Goes Unpunished

Subprime loan programs with automatic interest-rate reductions are great for both dealers and their customers, but could run afoul of TILA standards.

Champlain National Bank Enters Indirect Channel

No Good Deed Goes Unpunished

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