Press Releases

04/10/2008 - CUAC Launches First APS Partner

(Houston, TX) Credit Union Acceptance Company, LLC (CUAC) is pleased to announce the launch of its first Application Provider Service (APS) implementation with Credit Union Lending Systems (CULS).  CULS will utilize the CUAC APS program to drive indirect lending applications from more than 300 Missouri and Illinois auto dealerships to the 31 credit unions it represents.  “The CUAC APS program allows us to help CUSOs and credit unions nationally, receive applications from auto dealers without the large upfront cost typically associated with connecting to leading indirect lending platforms like DealerTrackTM and Route OneTM”, said Adrian Dominguez, President and CEO of CUAC.  CULS will also be utilizing the CUAC CU Member Auto Center (CUMAC) car buying program to actively refer more than 1 million credit union members to enrolled auto dealers.  CU Member Auto Center is an online marketing tool for credit unions that enables its members to research new vehicle model information and shop online for new and pre-owned vehicles from credit union friendly dealers. “By utilizing the CUAC APS and CUMAC programs, CULS will be able to enhance the services it provides to client credit unions without a large up-front investment” said Angie Anderson, President of CULS.

About Credit Union Lending Systems:
Headquartered in St. Louis, Missouri, CULS is an indirect lending Credit Union Service Organization, representing 31 credit unions and more than 300 auto dealers.  CULS aggregates, decisions, and processes auto loan applications from their network of dealers on behalf of their client credit unions.

About Credit Union Acceptance Company, LLC:
Founded in 1998, Credit Union Acceptance Company, LLC (CUAC), is a Credit Union Service Organization headquartered in Houston, TX. CUAC was formed to assist credit unions with member auto loan retention and new member loan acquisitions.  CUAC currently facilitates Indirect Auto Lending services in 8 states with 89 credit unions.

For more information about any of CUAC’s programs, please contact:

John Riley,
E. V. P. of Marketing & Retail Services
866.970.2822 ext. 202
jriley@cuac.net