CUDL’s AUTOSMART PROGRAM REACHES MILLION MILESTONE
Ontario, CA, November 8, 2012 --- CUDL (www.cudl.com), administrators of the nation’s largest auto lending network for credit unions, has announced that its AutoSMART program and vehicle shopping website has reached 1 million vehicles in dealer inventory posted to the site.
CUDL revealed that the AutoSMART website (www.cudlautosmart.com) reached the record milestone as both the number of credit unions and dealers participating in the website program continue to grow.
“Through years of working closely with our credit union clients, we have endeavored to provide a robust research site that credit unions can make their own and that will provide them the means and capabilities to retain member financing and help grow their auto loan portfolio” said Phil Maniaci, senior vice president, CUDL Automotive. “Achieving the 1 million vehicle milestone reinforces the value proposition that AutoSMART provides to dealers and credit unions, as well as the 34 million credit union members we serve.”
Introduced in 2005, the AutoSMART website program is designed specifically for credit unions and their members, and provides CUDL’s partnering credit unions with a flexible, versatile vehicle shopping and research site that can be branded, customized, and marketed to members as their own. Through the AutoSMART website program, credit unions can also provide their members with a simple and convenient online pre-approval application and loan decision. As a result, the program provides credit unions with a key resource designed to enhance both member brand awareness and overall member satisfaction, and help drive member financing.
Unveiled within the last two years, CUDL’s AutoSMART mobile app for smart phones and tablets, replicates features of the AutoSMART website as a fully functional app giving credit unions a valuable tool that helps them stay connected to their members through the entire vehicle buying process.
For dealers, the AutoSMART website program offer a valuable resource to promote their stores and vehicle inventory, connecting them to more than 1,000 credit unions and their 34 million credit union members nationwide. Currently, over 7,000 dealerships nationwide are participating in the AutoSMART program.
For credit union members, the AutoSMART website offers an advanced vehicle shopping experience, providing robust research capabilities and an expanded library of online shopping resources designed to help them get a good deal on their next vehicle purchase.
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Based in Ontario, California, CUDL® (a CU Direct Corporation flagship brand) is the leader in indirect and point-of-purchase lending services for the credit union industry. As a Credit Union-owned Service Organization, CUDL develops custom applications, training and marketing programs to help credit unions achieve their indirect vehicle lending goals.
More than 1,000 credit unions and 8,500 dealerships nationwide rely on CUDL’s national lending network to better serve members’ vehicle shopping needs and drive member financing at the point-of-purchase. For more information about CUDL visit www.cudl.com and www.cudlautosmart.com.