May 27, 2021: BRECO Federal Credit Union has joined the Credit Union Acceptance Company, LLC (CUAC) program in Louisiana. BRECO FCU joins 10 other credit unions in Louisiana and will help make the program even stronger.
“We’re thrilled to partner with CUAC in this new venture. We sought a way to add value for our members who desired the convenience of shopping and signing at one location, as well as a robust partner to help BRECO better serve the needs of our community. We feel CUAC is the perfect fit.” Joshua Poole, President & CEO – BRECO Federal CU
“The CUAC team is super excited to welcome BRECO FCU to the family. We have such a rich tradition in the Louisiana market with a wonderful group of credit union partners. Our incredible success in the LA market over the last 17 years could not have been possible without these credit unions and BRECO can only add to the program’s success. I thank Joshua and Mike’s faith in our abilities to help drive convenience to their members along with quality loan volume.” ‐ Kurt Howard, Executive Vice President ‐ CUAC.
About BRECO Federal Credit Union: Chartered in 1934, BRECO was first created by a group of utility employees from the Baton Rouge Electric Company, which merged with Gulf States Utilities in 1938 and then with Entergy in 1994. BRECO is a Select Employee Group credit union servicing over 5,000 members with SEGs including Entergy, APTIM, DEMCO, MMR, CAAWS (Capital Area Animal Welfare Society) and IBEW Local 995. BRECO’s mission is “Building lifelong relationships by changing lives; one member, one employee, and one dream at a time.”
About CUAC: Credit Union Acceptance Company, LLC (CUAC) is a division of Credit Union Alliance, LLC (CUA). CUA is a credit union owned CUSO created in 1998 to help Credit Unions retain member loans, grow loan portfolios and increase membership through a robust suite of point‐of‐sale solutions. CUAC offers a full line of customizable indirect lending solutions and the flexibility to design a program that meets today’s Credit Union needs. Utilizing industry leading technology and providing a vast array of menu‐based amenities, CUAC has become the industry leader in indirect lending services.