Credit unions wanting to strengthen their relationships with automobile dealers and to better comply with a range of rules and regulations aimed at preventing identity can make use of Wolters Kluwer Financial Services’ indirect lending and credit union-specific solution offered by CU Direct Corporation, which administers CUDL.CUDL will provide access to tools that help their 700 credit unions and their 9,000 auto retailers strengthen their businesses.CUDL plans to give credit union and dealer clients access to Wolters Kluwer Financial Services’ Red Flag Tool Kits, designed specifically to help them build and implement effective identity theft prevention programs and comply with Red Flag rules. The tool kits will be offered through the organization’s online training program, CUDL University. CUDL will also use WKFS’ CompliSource, which offers comprehensive information about laws governing specific areas of direct and indirect lending, helping users access real-time information that can impact their business decisions in the changing financial marketplace.“Credit unions want to ensure that their organizations are meeting all regulatory requirements, including those associated with the new Red Flag rules, but they also want to ensure their industry partners, such as auto dealerships, are compliant as well,” said Mike James, vice president of strategic alliances, lending and training at CUDL. “Wolters Kluwer Financial Services’ solutions are an ideal complement to CUDL’s services because they provide accurate and timely information that helps us address the changing regulatory environment and how it impacts our clients and partners.”

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

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical 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 and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Peter Westerman


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.