Because many residents experienced damage to their vehicles as a result of Hurricane Sandy, CU Xpress Inc. said it experienced a 200% increase in auto leasing when compared to their traditional volume for the time of the year the storm struck.

CU Xpress Lease is a joint venture of privately held GrooveCar Inc. in Hauppauge, N.Y., and Fusion Auto Finance LLC in Hurst, Texas. 


© 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.

Dig Deeper


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.