News

DENVER - CU Direct Connect, a wholly-owned CUSO owned by 37 Colorado credit unions, has expanded into the leasing business and selected Credit Union Leasing of America (CULA) as its indirect leasing provider. The CUSO said the Colorado exclusive partnership "will benefit credit unions, dealers and members with a safe,...

FLINT, Mich. - Security FCU from its inception has had strong ties with Flint - it was chartered in 1949 as Flint Buick Employees FCU - and the credit union's ties with the city continues even with a community charter. The $232.8 million credit union has extended a financing program...

AUSTIN, Texas - Stanford FCU is continuing is reputation as being a pioneer in e-commerce. The $680-million, Palo Alto, Calif. credit union has offered online services to its members since 1993. Now it has selected Teres Solutions' Software Application for Integrated Lending (SAIL) solution to manage and automate its direct...

DETROIT - Although November U.S. auto sales were up from a dismal showing in October, industry analysts were still expecting the fall selling season to be down in 2005 compared to the previous year despite marketing efforts and special promotions offered by the Big 3 auto manufacturers. In mid-November after...

WESTLAKE VILLAGE, Calif. - J.D. Power and Associates last month released its 2005 Consumer Financing Satisfaction StudyT, and among the findings the study showed the proportion of leases to loans has increased for the first time in five years. According to the study data, the proportion of luxury buyers who...

RANCHO CUCAMONGA, Calif. - The Northern California Business Unit of CU Direct recently held their 4th Annual Golf Tournament for their credit union and auto dealer partners. The day-long event was held at Chardonnay Golf Course in Napa, Calif. For the second consecutive year, the golf tournament's fundraiser benefited Shriners...