cuac.comHome | CUAC

Skip to content cuacinfo@cuac.com 866.970.2822 CUAC HOME ABOUT BENEFITS SERVICES BLOG NEWS CONTACT HOME ABOUT BENEFITS SERVICES BLOG NEWS CONTACT CUSTOMIZED INDIRECT LENDING FOR CREDIT UNIONS Technology Driven To remain competitive in today’s indirect world, credit unions must take advantage of industry leading technology. This includes Dealertrack and RouteOne application platforms, eContracting, Digital Document Solutions and real-time data analytics. CUAC allows credit unions to take advantage of all of the current technology while ensuring that you are positioned for whatever is next. When operating an indirect program, analytics and reporting are key. Instead of relying on clunky LOS reports, take advantage of CUAC’s PowerBI real-time dashboard solution. The CUAC solution provides instant access to rates, paper quality, pipeline trends and querying tools to create custom data sets. True Customization Many providers claim they are “custom” but are they? CUAC provides credit unions the ability to choose from a truly a-la-carte approach. Credit unions can take advantage of the services needed to complement their program while performing the tasks they choose. Services include dealer representation, underwriting (standard or after-hours), loan processing, funding and ACH. Choose an indirect solution provider that gives you everything you need, and nothing you don’t. Technology Driven To remain competitive in today’s indirect world, credit unions must take advantage of industry leading technology. This includes Dealertrack and RouteOne application platforms, eContracting, Digital Document Solutions and real-time data analytics. CUAC allows credit unions to take advantage of all of the current technology while ensuring that you are positioned for whatever is next. When operating an indirect program, analytics and reporting are key. Instead of relying on clunky LOS reports, take advantage of CUAC’s PowerBI real-time dashboard solution. The CUAC solution provides instant access to rates, paper quality, pipeline trends and querying tools to create custom data sets. True customization Many providers claim they are “custom” but are they? CUAC provides credit unions the ability to choose from a truly a-la-carte approach. Credit unions can take advantage of the services needed to complement their program while performing the tasks they choose. Services include dealer representation, underwriting (standard or after-hours), loan processing, funding and ACH. Choose an indirect solution provider that gives you everything you need, and nothing you don’t. benefits of indirect lending In today’s ultra-competitive market, it has become more and more difficult for Credit Unions to capture their members’ financing at the point-of-sale. CUAC puts your Credit Union at the dealership which allows you to compete for your members’ loans while significantly increasing market share by adding new member business. Our customized indirect lending solutions allow you to provide auto, boat, power-sports, RV and manufactured housing financing to your members wherever they shop. BUILD YOUR AUTO LOAN PORTFOLIO CUAC puts you in control of your indirect program so that you grow your auto loan portfolio in a responsible manner. INCREASE NEW MEMBER OPPORTUNITIES It is important to not only increase membership size; but, also capture new members that provide cross-sell opportunities for the Credit Union. DIVERSIFYING LOAN MIX With point-of-sale opportunities on a variety of products, Credit Unions can greatly broaden their loan portfolios with responsible levels of risk and return. AFTER HOURS LOAN SUPPORT FOR MEMBERS It is imperative that Credit Unions be at the point-of-sale for their members to compete against captive finance companies and offer after-hour services for convenience. ABOUT CUAC Founded in 1998, CUAC is a Credit Union Service Organization that was created to meet the ever-changing indirect lending needs of Credit Unions. CUAC is a Credit Union owned CUSO based in Houston Texas that services over 150 credit unions in 13 states. CUAC is owned by 15 Credit Unions and offers indirect auto lending solutions for hundreds more across the United States. Our customized point-of-sale financing options offer Credit Unions the opportunity to expand their loan portfolios in a responsible manner while meeting rapidly changing technology needs. CUAC provides turn-key products and services that allow you to retain control over risk management while maximizing each and every loan opportunity. Our goal is to assist your Credit Union in generating quality loans at a profitable return while ensuring that your members can take advantage of the convenience provided by a properly run indirect program. By integrating CUAC’s indirect solutions , you can extend your office hours to match those of the dealership. CUAC makes it simple with our suite of customizable products for your Credit Union to expand its auto loan portfolio while retaining existing membership loans and greatly increasing new member growth. Read More REVIEWS FROM CLIENTS Larry Lemoine VP of Lending at Baton Rouge Telco FCU "CUAC has been an invaluable indirect provider for Baton Rouge Telco CU since 2006. They have played an integral role in our credit union's ability to build our loan portfolio and vastly increase membership while keeping delinquencies and charge-offs at a minimum." Robert A. Brant CEO of Keystone Lending Alliance CUAC provided our company with a turn-key loan platform and support that enabled us to open for business much quicker than we could have done on our own. This meant hundreds of additional loans and income to our CUSO that allowed us to be productive and profitable out of the gate! They continue to provide excellent customer support that helps KLA keep our credit unions, and dealers satisfied. We look forward to many more years of collaboration with our partner, CUAC, in providing credit unions with unparalleled service and support!" Annette Zimmerman CEO Primeway FCU CUAC has been a valued PrimeWay partner for many years. They have provided us with options that have strengthened ongoing relationships with local dealers and enabled us to manage our own underwriting. The excellent service provided by our CUAC partners has resulted in loan growth and enhanced member service.” Jeffrey J. McClain CEO Golden Circle CU Many vendors claim that they will be your credit union’s business partner and that their goal is your success. But often, these claims last only until the ink dries on the contract. That is why it is refreshing to find an organization like CUAC. They have been a true business partner of Golden Circle CU since 2004. Over the last 15 years, we have booked millions of dollars in loans, provided added convenience to our existing members and been given thousands of opportunities to prove the credit union difference to new members brought in through the program. The CUAC team continually strives to ensure that we truly feel valued as a partner and that the success and satisfaction of Golden Circle are as important as the success of CUAC.” Chad Miller, CCUFC, CUCE President and CEO of Southwest Louisiana Credit Union “As a first-mover in our market for Indirect Auto Lending, having CUAC as our indirect provider has been priceless. Southwest Louisiana Credit Union was able to seamlessly boost our loan portfolio, recapture members, and maintain a low level of delinquencies and charge-offs because of CUAC’s expertise.” Rick Sanchez VP of Lending at Bayou Federal Credit Union “Bayou Federal Credit Union has been a part of the CUAC family for years and we rely on them as a key source for auto lending. Kurt, Cody, Mike and the rest of the staff provide terrific service to our credit union and we know they are always operating with our best interest in mind. Working with car dealers is a tough business; so, we are glad to have CUAC in our corner.” Richard Miller Retail Lending Manager at Campus Federal C...