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National Bank Benefits UCDAMembers

The UCDA & National Bank Celebrate Our 3rd Anniversary in Partnership!

In addition to their regular programs, a winter promo was recently launched by National Bank.

One immediate benefit was a Special Offer: Members registered with National Bank are eligible for a $200 bonus for each funded automobile contract until February 28th … NOW EXTENDED TO MARCH 31, 2025!!!

In addition, and until further notice:

• Enhanced Reserves:

Increased reserves with fixed rates of 7.99% and higher (starting at $20,000).- No cap on reserves.

• Competitive Rates:

– Fixed Rates starting at 6.99% with reserves up to 3.55%.

– Variable Rates starting at 7.7% with reserves up to 2.70%.

• Quality Bonuses: Available, ranging from $350 to $1,000.

• Maximum Amortization: 96 months.

In 2024, our relationship with National Bank delivered, to participating members, special bonuses amounting to 4 million dollars in extra reserves!

Other highlights from 2024:

• Active members: More than 900 UCDA Members financed deals with NB through the year with an average of 705 monthly deals (+22% YoY )

• Market share: Up to 38% of all UCDA Member deals financed with NB monthly. Growth of 2.5% YoY in number of financed deals.

• Approval and booking: Approval rate of 51% and booking rate of 60%.

The partnership between the UCDA and National Bank presents a unique opportunity for UCDA members to capitalize on increased reserves and attractive bonuses while offering competitive financing options to customers.

Interested?

To register, you can speak with your UCDA Member Services Advisor by calling the UCDA 1-800-268-2598 or email: [email protected]

You can also contact your local National Bank representative or reach out to National Bank by submitting your request through Dealertrack.

 

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