SHERMAN OAKS, Calif. — Kinecta Federal Credit Union made an equity purchase in CU Vehicles LLC, the holding company for Autoland Inc.

Randy Dotemoto, chief strategy officer for Kinecta, will join the Autoland board of directors.

"Autoland provides a valuable service to credit union members," said Dotemoto. "Kinecta is looking forward to being a part of the continued growth of Autoland. Autoland's model captures the collaborative culture of the credit union movement and we look forward to building this model nationally."

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