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CUAC launches first application provider service partner
HOUSTON (4/14/08)--Credit Union Acceptance Company (CUAC) launched its first Application Provider Service (APS) implementation with Credit Union Lending Systems (CULS). CULS will use the CUAC APS to drive indirect lending applications from more than 300 Missouri and Illinois auto dealerships to the 31 credit unions it represents. “The program allows us to help credit union service organizations and credit unions receive applications from auto dealers without the large upfront costs typically associated with connecting to leading indirect lending platforms,” said Adrian Domiguez, CUAC president/CEO. CULS also will use the CUAC CU Member Auto Center to refer more than one million credit union members to enrolled auto dealers. The center is an online marketing tool for credit unions and allows members to research new vehicle model information and shop online for new pre-owned vehicles from dealers who serve credit unions. CULS is based in St. Louis, Mo. CUAC facilitates auto lending services in eight states with 89 credit unions.


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