ALL PRESS

GrooveCar Direct Announces 17 New Credit Union Partnerships in Q3 2019

GrooveCar Direct, the innovative solution for credit union engagement & auto loan growth with existing members, announces 17 new program partnerships in Q3 2019: GrooveCar Direct is a leading member experience platform exclusively for credit unions, delivering the crucial ability to engage members throughout the entire car purchase journey. When combined with the credit union’s […]

Continue reading

GrooveCar Direct Announces 20 New Credit Union Partnerships

GrooveCar Direct, the credit union industry’s leading solution for direct auto loan growth, announces 20 new program partnerships in Q2 2019. Joining the program in Q2 2019 are: GrooveCar Direct is a leading member experience platform, providing credit union partners with the ability to engage members from day one of their car purchase journey. When […]

Continue reading

CU Xpress Lease Partners with Mid-Hudson Valley FCU

HAUPPAUGE, N.Y. – CU Xpress Lease, the nation’s leading credit union lease program and a Fusion Auto Finance lease product, announces their partnership with Mid-Hudson Valley FCU.    MHVFCU began to offer auto leasing to its members in Ulster, Dutchess and Orange Counties of NY on April 1st2019. Founded in 1963, member-owned MHVFCU has over […]

Continue reading

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 […]

Continue reading

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 […]

Continue reading

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 […]

Continue reading

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 […]

Continue reading

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 […]

Continue reading