Enterprise Generates $435M in CU Car Loans
In 2013, Enterprise Car Sales said it generated $435 million in auto loans for credit unions throughout the U.S.
This marks an increase of more than 12% over 2012’s loan volume, with more than 26,000 loans offered through Enterprise Car Sales’ credit union partners last year, according to the St. Louis-based company.
“Credit unions are natural business partners because we share many of the same values,” said Beth Wheeler, corporate director of business development for Enterprise Car Sales. “We are both driven to provide customers the best service possible, with a commitment to the communities in which we work and live.”
One of those partners is the $928 million WEOKIE Credit Union in Oklahoma City, which increased its overall car sale transactions by 28% in 2013, according to Enterprise. The credit union has been partner with the company for more than 14 years.
“Collaborating with Enterprise for so long has turned out to be a significant benefit,” said Brent Taylor, WEOKIE's CEO. “The Enterprise Car Sales team serves our credit union members well, and helps us get consumers into reliable, affordable vehicles efficiently and quickly.”
Enterprise Car Sales said it has partnered with credit unions for more than 30 years and during that time, has helped generate nearly $10 billion in loan volume for more than 1,000 credit unions nationwide.