Bedford, TX, September 24, 2020 — State National launched a refreshed www.statenational.com. Updated with a clean modern new look, the website is accessible both online and via mobile.
Guaranteed Asset Protection (GAP) has always been an important component of a comprehensive risk mitigation solution for auto lenders — and in today's economy, it has become even more critical. Without GAP protecting a lender's collateralized loans, borrowers are still responsible for any deficiency balance in the event of a total loss. Francine Gagliano, Director of Client Services at State National, shares how a high-quality GAP program protects these borrowers and also protects financial institutions from charge-offs.
Collaboration in new Center for Emerging Technology to spark innovations for credit unions
Markel announced today that Terry Ledbetter, Chairman and Chief Executive Officer (CEO) of its State National division, will be retiring at the end of 2019. Ledbetter founded State National with his brothers, Lonnie and Garry, in 1973.
State National has convened 11 well-respected leaders in the credit union industry together to form the company’s first Client Advisory Council (CAC).