Central States Mortgage Acquires CUFleet

October 21, 2004, 1:00 a.m. EDT 1 Min Read

Facebook
Twitter
LinkedIn
Email
Show more sharing options
Share Show more sharing options

Register now

WAUWATOSA, Wis. - (10/21/04) -- CSMC Inc., the parent of CentralStates Mortgage, said Wednesday it has acquired CU Fleet, a WestAllis, Wis., auto leasing CUSO. CU Fleet's auto leasing wasoriginally limited to members of credit union owners in Wisconsin.Central States Mortgage, which serves Wisconsin, Iowa, Illinois,Nebraska, Missouri and Ohio, plans to use CU Fleet to expand itsservice offerings. Terms of the deal were not disclosed.

Facebook
Twitter
LinkedIn
Email
Show more sharing options
Share Show more sharing options

Reprint

For reprint and licensing requests for this article, click here.

TRENDING

OCC

OCC announces initiative to expand credit access in Los Angeles

The effort is the first offshoot of Project REACh, which is designed to bring together business leaders, government officials and advocates to help improve financial services options for disadvantaged communities.

By Brendan Pedersen

October 30
Diversity and equality

Under pressure to diversify its board, SchoolsFirst adds associate seats

Earlier this year, the Southern California credit union was criticized for its directors not representing the demographics of the communities it serves.

By Aaron Passman

October 30
CFPB

What debt collectors can and can't do under CFPB rule

The agency’s final rule modernizing the Fair Debt Collection Practice Act limits calls to seven per week, but collectors won stronger protections from liability claims and other key changes to the original proposal.

By Kate Berry

October 30

MORE FROM AMERICAN BANKER

PPP squeeze, SoFi’s bank charter, HSBC’s cost cutting: Top stories of the week

Banks and Paycheck Protection Program recipients are caught in a bind between two SBA rescue programs; SoFi gets preliminary OK on bank charter, launches credit card; HSBC vows to ‘accelerate’ U.S. cost-cutting plan; and more from this week’s most-read stories.

October 30
Gamification

Why Ally Bank built an island on Animal Crossing

The digital bank is on a larger mission to attract younger customers. It's inserting itself into the popular video game in the hope that game players will learn about its products and have fun at the same time.

By Miriam Cross

October 30
Law and regulation

Pennsylvania credit unions cheer remote notarization law

The CrossState Credit Union Association continues to work with lawmakers in neighboring New Jersey to get similar legislation passed there.

By Aaron Passman

October 30
Main Street Lending Program

Fed lowers Main Street loan threshold in bid to boost interest

Underwhelming participation in the middle-market loan program has forced the central bank to reduce the minimum borrowing amount for the third time, to $100,000.

By Hannah Lang

October 30
Prohibition orders

NCUA issues lifetime ban for embezzlement

The National Credit Union Administration issued a prohibition order against a former employee of Members Exchange Credit Union in Mississippi.

By Jackie Stewart

October 30
Commercial lending

As winter approaches, banks brace for defaults on restaurant loans

Many eateries that relied on outdoor dining to survive the pandemic could see revenues plummet as the weather turns cold.

By Allissa Kline

October 30