May 21, 2021: Lake Community Federal Credit Union (LCFCU) has partnered with Credit Union Acceptance Company, LLC (CUAC) to provide indirect lending services in Northeast Ohio. LCFCU will utilize CUAC’s Full‐Service indirect lending platform to further boost their commitment to service and convenience to their members.
“We are extremely excited to partner up with CUAC. We were looking for a technology driven partner that has the experience and the relationships necessary to grow our indirect program. We believe we have found all of our required components with CUAC.” Renee Rose, President & CEO – Lake Community Federal CU
“We are very proud to welcome Renee and her team at Lake Community to the CUAC family. We have been in northeastern Ohio for over 17 years now and have seen a great deal of success there. That success is based upon the great group of credit unions we’ve had on the program for so long and LCFCU will be a great addition. I appreciate their faith in us to expand their indirect offering and we will work hard to help them achieve their lending goals” ‐ Kurt Howard, Executive Vice President ‐ CUAC.
About Lake Community Federal Credit Union: Founded in 1963, the credit union was originally formed to serve Teledyne Monarch Rubber employees and their families. In 1991, the credit union was approved for a community charter and changed its name to Lake Community Credit Union to more adequately describe their membership. Because of the convenience and service to its members, low interest loans and attractive dividends on savings, and because of the practice of brotherhood, individual self‐help and democracy, the credit union has become an important tool for members and their families in their desire for a better way of life.
About CUAC: Credit Union Acceptance Company, LLC (CUAC) is a division of CU 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.
