ONTARIO, Calif. (7/1/13)--CUDL, administrators of an auto lending service network for credit unions, has expanded its network to include 10,000 dealers.
"I congratulate CUDL for reaching the significant milestone of 10,000 dealers using the CUDL system," noted John Lund, president/CEO of Riverdale, Utah-based America First CU, and chairman of CUDL's board. "This indicates just how relevant the services of CUDL are to dealers throughout the country."
The growth excludes the company's recent expansion into Quebec, Canada. The CUDL network includes more than 1,050 credit unions, representing 35 million members nationwide. CUDL credit unions have experienced 16% growth in funded auto loans thus far in 2013.
For more than 20 years, CUDL's credit union auto lending network has provided credit unions the ability to help members and consumers gain credit union financing at the dealership, and helped dealerships sell more cars.