Michigan First CU in Lathrup Village is among seven credit unions nationwide that have signed new partnership agreements with CU Direct Corp. to further advance their auto lending programs.
The credit unions will incorporate CU Direct’s products and programs to enhance their lineups of member product offerings and services, and to maximize their process and cost efficiencies.
Michigan First will employ CUDL’s remarketing solutions to deliver improved asset disposition results.
CU Direct has continued to experience growth with its national auto lending network, signing 92 new credit unions nationwide thus far in 2012. Currently, CUDL has more than 1,000 participating credit unions, representing 34 million members, and 8,000 participating dealers nationwide.
“We look forward to the opportunity to work closely with each of our new credit union partners to help them advance their auto lending programs and achieve their member lending goals,” John Carrington, senior vice president of sales at CU Direct, said. "It is our commitment to provide them with the solutions and services that will effectively help them grow their marketplace success.”