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GrooveCar Direct Announces 19 New Program Partners in Q1 2019

GrooveCar Direct, the nation’s leading online auto loan growth partner for credit unions, announces 19 new program partners in Q1 2019. Joining the program in Q1 2019 are: The GrooveCar Direct is a leading member engagement program, allowing credit union partners the ability to reach members throughout the entire auto research and purchase cycle. Credit […]

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CU Xpress Lease Sees Record Growth in 2018

Hauppauge, NY– CU Xpress Lease, the nation’s top performing vehicle lease program for credit unions, has announced that 2018 represented another record year as volume reached $707 million, a 45% YOY increase. This increase in volume was driven by the 19,384 leases originated in 2018, a 41% increase compared to 2017. Additional takeaways from CU Xpress […]

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GrooveCar’s Indirect Auto Lending Increased by 44% in 2018

Hauppauge, NY– GrooveCar, one of the nation’s leading providers of auto loan growth, has announced that its credit union partners have seen a 44% increase in indirect auto loans, the highest loan growth within a 12-month period since the company’s inception in 1999. The strong demand for auto loan volume by GrooveCar’s credit union partners […]

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GrooveCar Direct Continues to Grow in 2018

HAUPPAUGE, N.Y. – GrooveCar Direct, the nation’s leading platform for credit union member engagement and direct auto loan growth, announced that 2018 was another year of significant growth as it surpassed 300 credit union clients across 36 states.  The program welcomed 65 new credit unions in 2018, a 33% YOY increase in credit union clients.  New credit union partners […]

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Fusion Auto Finance Acquires GrooveCar

Bedford, TX (August 10, 2017) – Fusion Auto Finance, the leader in credit union leasing, announced today that it has acquired the GrooveCar Family of Brands, the industry’s premier auto buying program for organic loan growth, for an undisclosed sum.  “GrooveCar provides an exciting opportunity for us to strengthen our relationships with our credit union partners […]

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