2021

GrooveCar Direct Announces 3 New Credit Union Partnerships in Q4 2021

GrooveCar Direct, Partnerships, Press Release / By / / , ,

GrooveCar Direct Announces 3 New Credit Union Partnerships in Q4 2021

GrooveCar Direct, the nation’s leading auto shopping program for credit unions, is proud to announce three new partnerships in Q4 2021:

  • Community Healthcare CU, based in Everett, WA with assets of $20 million, serving 1,416 members
  • Healthcare Employees FCU, based in Princeton, NJ, with assets of $143 million, serving 16,629 members
  • Marshland CU, based in Brunswick, GA, with assets of $198 million, serving 17,002 members

GrooveCar Direct enables credit unions to easily engage their auto shopping members and drive auto loan growth through a customizable platform that is easy to implement and completely scalable. Members can browse local dealer inventory, research vehicles within their budget, and apply for credit union financing—all from the comfort and safety of their homes.

Interested in learning more? Click here to schedule a demo with one of our representatives.    

GrooveCar Direct Announces 5 New Credit Union Partnerships in Q3 2021

GrooveCar Direct, Partnerships, Press Release / By / / , ,

GrooveCar Direct Announces 5 New Credit Union Partnerships in Q3 2021

GrooveCar Direct, the leading auto shopping platform for credit unions, is proud to announce five new partnerships in Q3 2021:

  • Cooperative Center CU, based in Martinez, CA with assets of $145 million, serving 8,249 members
  • Gabriels Community CU, based in Lansing, MI, with assets of $26 million, serving 2,482 members
  • PWC Employees CU, based in Woodbridge, VA, with assets of $77 million, serving 6,723 members
  • Service One CU, based in Bowling Green, KY, with assets of $213 million, serving 14,839 members
  • Wisconsin Medical CU, based in Green Bay, WI, with assets of $15 million, serving 1,291 members

GrooveCar Direct enables credit unions to easily engage their auto shopping members and drive auto loan growth through a customizable platform that is easy to implement and completely scalable. Members can browse local dealer inventory, research vehicles within their budget, and apply for credit union financing—all from the comfort and safety of their homes.

Interested in learning more? Click here to schedule a demo with one of our representatives.    

GrooveCar Direct Announces 8 New Credit Union Partnerships in Q2 2021

GrooveCar Direct, Partnerships, Press Release / By / / , ,

GrooveCar Direct Announces 8 New Credit Union Partnerships in Q2 2021

GrooveCar Direct, the leading auto shopping platform for credit unions, is proud to announce eight new partnerships in Q2 2021:

  • Compass Community CU, based in Eureka, CA with assets of $170 million, serving 6,891 members
  • Fairmont FCU, based in Fairmont, WV, with assets of $475 million, serving 41,893 members
  • Genisys CU, based in Auburn Hills, MI, with assets of $3.8 billion, serving 238,358 members
  • Isabella Community CU, based in Mount Pleasant, MI, with assets of $175 million, serving 13,400 members
  • Maumee Valley CU, based in Toledo, OH, with assets of $22 million, serving 3,128 members
  • Phi Beta Sigma FCU, based in Washington, D.C., with assets of $1 million, serving 979 members
  • R G FCU, based in Raymore, MO, with assets of $107 million, serving 7,373 members
  • River to River CU, based in Vienna, IL, with assets of $26 million, serving 2,354 members

GrooveCar Direct enables credit unions to easily engage their auto shopping members and drive auto loan growth through a customizable platform that is easy to implement and completely scalable. Members can browse local dealer inventory, research vehicles within their budget, and apply for credit union financing—all from the comfort and safety of their homes.

Interested in learning more? Click here to schedule a demo with one of our representatives.    

CU Xpress Lease Expands Footprint on Long Island with Suffolk Federal

CU Xpress Lease, Partnerships, Press Release / By / / , ,

CU Xpress Lease Expands Footprint on Long Island with Suffolk Federal

FARMINGDALE, NY – CU Xpress Lease, a Fusion Auto Finance lease product, announces their partnership with Suffolk Federal Credit Union, which boasts over $1.4 billion in assets while serving over 63,000 members with ten branches throughout Long Island, NY.

Suffolk Federal Credit Union launched their lease program with CU Xpress Lease in the first quarter of 2021. Now with an expanded charter, they will increase their footprint into Nassau County.

Indira Khan, Vice President of Strategic Projects & Process Improvements for Suffolk Federal, stated, “We are in the center of one of the nation’s strongest and most robust lease markets and as our community continues to recover from the COVID-19 pandemic, we are prepared to assist with financing. Our partnership with the CU Xpress Lease program allows us to offer a competitive lease program, which in turn will result in additional market share. Most importantly, our partnership allows us to focus on what we do best, which is managing credit risk without taking on the residual value risk. This initiative aligns with one of our strategic goals for 2021.”

Added Robert O’Hara, Director of Credit Union Relations for GrooveCar, “We are excited to collaborate with a forward-thinking credit union like Suffolk Federal, bringing our lease program to their members and consumers in their market. Leasing provides a strong platform for credit unions to capture crucial auto volume while strengthening relationships with dealers in their market.”

About CU Xpress Lease
CU Xpress Lease, a Fusion Auto Finance lease product, is the nation’s premier automotive leasing program for credit unions that generates a solid return on investment, delivers high member satisfaction, and guarantees 100% residual value at lease maturity. Total volume of the program exceeds $5.2 billion and 145,000 vehicles. Additional information can be found at here.

GrooveCar Direct Announces 8 New Credit Union Partnerships in Q1 2021

GrooveCar Direct, Partnerships, Press Release / By / / , ,

GrooveCar Direct Announces 8 New Credit Union Partnerships in Q1 2021

GrooveCar Direct, the leading auto shopping platform for credit unions, is proud to announce eight new partnerships in Q1 2021:

  • A.B.D. FCU, based in Warren, MI, with assets of $82 million, serving 10,567 members
  • ABCO FCU, based in Willingboro, NJ, with assets of $256 million, serving 28,883 members
  • Community Alliance CU, based in Livonia, MI, with assets of $115 million, serving 8,165 members
  • Credit Union of Emporia, based in Emporia, KS, with assets of $33 million, serving 3,396 members
  • Faith Community United CU, based in Cleveland, OH, with assets of $18 million, serving 5,257 members
  • Midwest Community CU, based in Sioux City, IA, with assets of $40 million, serving 3,117 members
  • Northwest Arkansas FCU, based in Fayetteville, AR, with assets of $14 million, serving 2,027 members
  • On The Grid Financial CU, based in Atlanta, GA, with assets of $48 million, serving 4,747 members

GrooveCar Direct enables credit unions to easily engage their auto shopping members and drive auto loan growth through a customizable platform that is easy to implement and completely scalable. Members can browse local dealer inventory, research vehicles within their budget, and apply for credit union financing—all from the comfort and safety of their homes.

Interested in learning more? Click here to schedule a demo with one of our representatives.