CU of Texas Inks Pact With Auto Financial

DALLAS -- The Credit Union of Texas said Monday its CU Services Inc. CUSO has signed with Auto Financial Group to market its vehicle leasing services to AFG's 175 credit union customers. The deal also calls for Houston-based AFG to handle all remarketing, disposition of leases at maturity, and provide it with residual insurance on its vehicle leases. Under the deal, CUSI will offer its vehicle leases in 45 states. AFG is known best for its Driving Sense, an online vehicle financing product that guarantees the predetermined residual value of the vehicle through third party insurance.

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