DENVER - (06/1/05) -- Aimbridge Indirect Lending announcedthat the CU Loan Sources LLC, an Atlanta CUSO owned by three creditunions, and Georgia CU Services Corp., has signed up to offerindirect auto lending services in Georgia. Under the deal, thecredit union owners of CULS, Delta Employees CU, Georgia Telco CUand Atlanta Postal CU, will purchase participations in the loansoriginated, in order to spread the risks of the loan portfolio. TheCUSO will provide all of the servicing, including billing, paymentsposting, collections, communications, repossession anddispossession. Aimbridge will provide the technologynetwork.
Aimbridge Indirect Enters AtlantaMarket
June 21, 2005, 1:00 a.m. EDT 1 Min Read
