indirect lending program

Bayou Federal Credit Union Success Story

MAY 15, 2022 Vicky Kinsey, VP of Marketing   Founded in 1954, Bayou Federal Credit Union (Bayou) has assisted members in “Discovering the Difference” – the Credit Union Difference. Bayou makes a difference for more than 8,000 members. Before joining CUAC in 2015, Bayou FCU started and managed an in-house indirect program that was steadily[…]

Expedition Credit Union Success Story

April 29, 2022 Vicky Kinsey, VP of Marketing Expedition Credit Union (ExpCu) joined the CUAC indirect program in February 2019 bringing a diverse indirect lending experience to the program. CUAC’s reputation as the leader in the industry was pivotal in the final choice and will prove true as they have not only met but exceeded[…]

Citizens Federal Credit Union Enjoys Indirect Success Through CUAC

April 15, 2022 Vicky Kinsey, VP of Marketing Citizens Federal Credit Union (CFCU) joined CUAC in June of 2018 as the first credit union in the West Texas Market. At the time, CFCU was looking for a partner to help them grow their auto lending program. After an extensive search, the choice was clear –[…]

Fort Bragg Federal CU sees success with CUAC

September  13,  2021:    In  November  of  2020,  Fort  Bragg  Federal Credit Union  partnered  with  Credit  Union  Acceptance Company, LLC (CUAC) to power their indirect lending solution. Since that time, FBFCU has seen significant growth with their program. With their previous solution, Fort Bragg FCU was missing key technology components needed to elevate their indirect[…]

Lake Community FCU Partners with CUAC

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.[…]

Flexibility is Key with Indirect Lending Provider for Fortera Credit Union

For almost 14 years now, Fortera Credit Union in Clarksville, Tennessee has operated a very successful indirect program using the services provided by Credit Union Acceptance Company, LLC (CUAC). In early 2006, Fortera contracted with CUAC to provide its Full-Service Indirect Program which included dealer representation, underwriting, loan processing, funding and all back-off related tasks such as charge-back processing, title services, etc. Over the course of the next 13 years, with a lot of hard work by both parties, the program grew tremendously.

Is Your Credit Union Equipped to Operate a Profitable Indirect Lending Program?

In late 2016, we were fortunate enough to be contacted by Chris Hay, President & CEO of Dannemora Federal Credit Union in Dannemora, New York, regarding their exploration efforts into whether an indirect lending program would be a good fit for their credit union. Chris had many of the normal concerns that we encounter when working through the discovery phase with prospective clients:

Scroll to top