Indirect Lending CUSO Seeks Additional CUOwners

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HOUSTON - (02/22/06) -- The CU Acceptance Company, LLC saidit will open ownership possibilities to additional credit unions.The CUSO reported that it is making available B-class ownershipprospectus packets to credit unions interested in buying into thecompany, which was founded in 1998 to provide indirect loansthrough auto dealerships. Currently there are more than 60 creditunions spread across six states using the CUSO, which underwritesnearly $1 billion in loans annually.

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