Not All CPI Programs Are Created Equal
What credit unions should know about protecting their portfolios
Views on collateral protection insurance (CPI) are often skewed by misinformation, or by real pitfalls that can be experienced when choosing a poorly run CPI program. Lower-quality CPI programs can indeed result in errors, negative member experiences, member complaints, and even regulatory challenges, as evidenced by the recent high-profile Wells Fargo settlement.
For over 45 years, State National has offered proven portfolio protection solutions. As the nation’s premier collateral protection specialist, we are the provider of choice for lenders nationwide.