RIVERSIDE, Calif. – Auto Expert, a wholly-owned autobuying/brokering CUSO of Altura CU, has converted to a limitedliability corporation. The LLC status gives the CUSO greaterflexibility in servicing its credit union clients, said Auto ExpertPresident Jennifer Binkley. Formed as a CUSO in 1998, RiversideCounty's CU – as Altura CU was known then – formed the CUSO becauseit was dissatisfied with the customer service it felt members werereceiving from an outside vendor the CU had used then to locatevehicles and assist members with auto purchases. By 2003, AutoExpert was actively marketing its services to other CUs for theirmembers as well. The CUSO now serves 12 credit unions with assetstotaling $2.26 billion and an aggregate membership of 325,000.Eleven of the CUs are in Southern California, and one is inMichigan.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.