Partnership Eyes Eastern Seaboard's Indirect Auto Market

ATLANTA – The Credit Union Loan Source, a CUSO owned by area credit unions, said yesterday it has signed with Quantum Auto Group LLC to connect its partners with 1,000 dealerships throughout the East Coast. The deal, marking Quantum Auto’s entry into the credit union market, will make indirect loans originated through the Melville, N.Y.-based company available to the CUSO’s credit union participants. They include Delta Employees CU, Georgia Telco CU, Atlanta Postal CU and Georgia CU Services Corp. Quantum Auto has originated and sold almost $500 million in auto loans or retail installment contracts.

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