By: Vicky Kinsey Early in 2022, Avanti Federal Credit Union was looking at excess liquidity and a lack of auto loans. At the time, they did not have an indirect lending product in place and wanted to look for a partner that would fit their individual needs. The credit union hired a consultant that quickly[…]
Is your current indirect lending provider delivering what they promised?
By: Lizzy Mayers Prior to joining the CUAC program, Campus Federal® partnered with a third-party provider to originate auto loans. The main challenge the credit union faced was the level of auto loans was below where it needed to be in order to successfully diversify their loan portfolio. It was clear their vendor could not[…]
Is your indirect lending provider checking all the boxes?
July 26, 2022 Vicky Kinsey, VP of Marketing In October of 2020, North Carolina Community Federal CU (NCCFCU) was working with an established national provider for indirect lending services. Even though they had an indirect program, they were still processing and decisioning all loans with no after-hours coverage. One of their big challenges was the[…]
Cherokee Strip CU is a Model for Smaller Credit Unions Indirect Lending Programs
June 1, 2022 Vicky Kinsey, VP of Marketing Cherokee Strip CU set out to look for a partner to help them set up an indirect lending program for their Credit Union. Their goals were simple: Reach a wider membership, make it easier for members to obtain car loans and be available outside of working hours[…]
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[…]
Carolina Federal CU Partners with CUAC
February 25, 2022: Carolina Federal Credit Union has partnered with CUAC for their indirect lending program. Carolina FCU has partnered with CUAC to move its indirect lending program to the next level which will include taking advantage of technology including Dealertrack and RouteOne portals, utilizing Digital Contracting through both portals and using other industry leading[…]
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[…]
BRECO Federal Credit Union Joins CUAC Program
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[…]
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.[…]
Air Force Federal CU Partners with CUAC
December 31, 2020: Air Force Federal Credit Union (AFFCU) has partnered with Credit Union Acceptance Company, LLC (CUAC) to power their indirect lending program. AFFCU will utilize CUAC’s Full‐Service indirect lending platform to further boost their commitment to service and convenience to their members. “2020 has reinforced the paramount importance of being flexible and versatile[…]