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 auto 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 […]
Category: Blog
3 Reasons You Should Consider CU Certified™
Here are the 3 main reasons you should consider switching from your current provider: Unsurpassed non-interest income While other vehicle service contract companies keep any money not spent on member claims, CU Certified™ returns that money directly back to our credit union partners. The national average is $488 surplus non-interest income per policy sold in […]
Why are credit unions switching to CU Certified
Q: If you had advice for your credit union colleagues regarding switching to the CU Certified™ program, what would it be? A: Do your due diligence and hear the success stories from credit unions. Allow the credit union to own its portfolio and utilize the gray area funds for member claims that normally would not be […]
CU Alliance Announces New Chairman of the Board
CU Alliance Announces New Chairman of the Board June 1, 2022 CU Alliance®, a leading Credit Union Service Organization based in Houston, is pleased to announce the appointment of T.W. Jolly as Chairman of the board. Jolly is the current EVP/Chief Operating Officer at PrimeWay FCU and Chairman of the board for the Member Home […]
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 – CUAC was the partner […]
ProFed Federal CU Sees Great Loan Growth Through Responsible Indirect Lending Program
March 21, 2022by Luke Prather, CU Alliance CUSO Like many lending institutions, ProFed Federal Credit Union in Fort Wayne, Indiana was looking for ways to move excess funds to higher yielding instruments as the economy gained some life in 2017. Indirect lending was one pursuit. Both the CEO and CLO had experience with successful indirect auto programs in past lives […]
Alabama CU Services Adds Greater Value to Its Indirect Program by Partnering with CUAC
February 10, 2022by Vicky Kinsey, Vice President of Marketing, CU Alliance CUSO Alabama CU Services, a CUSO based in Tuscaloosa, AL, operates a very successful indirect program in over a dozen states and provides auto, power‐sports, and tractor lending. Historically, Alabama CU Services provided indirect services only to Alabama Credit Union. However, ACUSI saw how smaller […]