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LOS ANGELES – Water and Power Community Credit Union’s relationship with CU Direct has helped the $420 million CU fund indirect auto loans for members out of its main office in Los Angeles. But when Robert Mims and Erwin Ortega learned just how many first-time borrowers of Latino heritage near the CU’s Montebello branch depended on high interest rate finance companies to buy cars, the two of them decided the CU needed to supplement its indirect lending relationship with an auto dealer network of independent dealers of its own.

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