Bank / Credit Union

CULA partners with UNIFY Federal Credit Union on vehicle leasing program

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June 28, 2022

Credit Union Leasing of America is partnering with UNIFY Financial Credit Union to launch an indirect vehicle leasing program in Southern California, according to a press release.

"With vehicle prices at record highs, giving our members access to the lower payments that leasing can offer has never been more important," Gordon Howe, CEO of UNIFY, said in the release. "Meeting our members' evolving needs in today's economic climate is job number one for us. Partnering with a company with a 34-year history of leadership in the indirect vehicle leasing space gives us every confidence that our members will be very well served."

CULA will provide analytics, insurance, operations, compliance and other services for the leasing process.

"With current manufacturer leasing incentives suppressed, today's credit unions have a unique opportunity to gain market share with vehicle leasing, while also offering a money-saving alternative for their members who want or need to get into a car in the current market," Mark Chandler, VP of business development, CULA, said in the release. "We are proud to help UNIFY do just that."