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AutoBranchThere’s no exact count but when it comes to used car lots, AutoBranch may be one of the very few owned by a credit union.

The $414 million City County Credit Union in Margate, Fla., launched the business in 2004 and today, the lot (pictured at left) sells 40 to 50 cars a month, according to Lloyd Gill, president/CEO of the cooperative. In 2013, 489 cars were sold compared to 404 in the lot’s first year.

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