Scout Motors Bank?

  • From all of us at Scout Motors, welcome to the Scout Community! We created this community to provide Scout vehicle owners, enthusiasts, and curiosity seekers with a place to engage in discussion, suggestions, stories, and connections. Supportive communities are sometimes hard to find, but we're determined to turn this into one.

    Additionally, Scout Motors wants to hear your feedback and speak directly to the rabid community of owners as unique as America. We'll use the Scout Community to deliver news and information on events and launch updates directly to the group. Although the start of production is anticipated in 2026, many new developments and milestones will occur in the interim. We plan to share them with you on this site and look for your feedback and suggestions.

    How will the Scout Community be run? Think of it this way: this place is your favorite local hangout. We want you to enjoy the atmosphere, talk to people who share similar interests, request and receive advice, and generally have an enjoyable time. The Scout Community should be a highlight of your day. We want you to tell stories, share photos, spread your knowledge, and tell us how Scout can deliver great products and experiences. Along the way, Scout Motors will share our journey to production with you.

    Scout is all about respect. We respect our heritage. We respect the land and outdoors. We respect each other. Every person should feel safe, included, and welcomed in the Scout Community. Being kind and courteous to the other forum members is non-negotiable. Friendly debates are welcomed and often produce great outcomes, but we don't want things to get too rowdy. Please take a moment to consider what you post, especially if you think it may insult others. We'll do our best to encourage friendly discourse and to keep the discussions flowing.

    So, welcome to the Scout Community! We encourage you to check back regularly as we plan to engage our members, share teasers, and participate in discussions. The world needs Scouts™. Let's get going.


    We are Scout Motors.

eddiet1212

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Oct 25, 2024
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Scout Motors Bank?

With auto company Stellantis last week applying to form an industrial loan company in Utah, the number of pending ILC applications now stands at three.

Details:

  • Stellantis submitted its application for Stellantis Bank USA on Feb. 11.
  • General Motors recently resubmitted an application for GM Financial Bank in Salt Lake City, which it said will focus on auto lending and deposits.
  • Ford submitted an application for Ford Credit Bank, also in Utah, in 2022.

 
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Scout Motors Bank?

With auto company Stellantis last week applying to form an industrial loan company in Utah, the number of pending ILC applications now stands at three.

Details:

  • Stellantis submitted its application for Stellantis Bank USA on Feb. 11.
  • General Motors recently resubmitted an application for GM Financial Bank in Salt Lake City, which it said will focus on auto lending and deposits.
  • Ford submitted an application for Ford Credit Bank, also in Utah, in 2022.

Ford Credit was started in 1959 and submits applications to serve it's buyers all the time. I suspect Stellantis and GM do as well. It would not suprise me if Scout created a lending arm for vehicle purchasing and leasing.
 
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Ford Credit is a dedicated automotive financing company owned by Ford Motor Company, primarily focused on providing loans for purchasing Ford and Lincoln vehicles, while an ILC (Industrial Loan Company) is a type of financial institution that allows non-banking companies like Ford to offer banking services, potentially including auto loans
 
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