Product & Service
Addison Avenue Plans To CUDL
PALO ALTO, Calif.-The $1.8-billion Addison Avenue FCU has partnered with CU Direct Connect on auto lending in Colorado, where it has five branches. In its first month, AAFCU said it did $1 million in loans. CU Direct has relationships with 468 Colorado auto dealers.
For info: 720-974-1311.
Educators CU Picks Advisor
RACINE, Wis.-The $700-million Educators Credit Union here has selected the Financial Strategies Group of Mid-States Investment Solutions to provide Investment Advisory Services. The company is a CUSO of Mid-States Corporate FCU, Warrenville, Ill.
For info: www.midstates.org
Credit Unions On Display At NADA
NEW ORLEANS-During the National Automobile Dealers Association (NADA) Convention, here, a booth sponsored by CU Direct Corp. and America's Credit Unions saw an increase in traffic over the previous year, despite a 20% decrease in NADA's total attendance.
The goals of CU Direct's and America's Credit Unions' participation were to reinforce and grow the collective credit union voice established at the 2004 convention, enable credit unions to take advantage of the convention's educational offerings and provide opportunities for credit union representatives to meet with dealers, the two said.
Freedom Federal Chooses PSCU-FS
BEL AIR, Md.-Freedom FCU has converted the processing for its debit and credit card accounts to PSCU Financial Services, St. Petersburg, Fla. Under the terms of the agreement, PSCU Financial Services will service approximately 4,600 credit card accounts and more than 8,500 debit card accounts for FFCU, which has more than 27,000 members and $179 million in assets.
For info: www.pscufs.com.
Indirect Lender Expands In Ohio
DENVER-AIL-Ohio, an auto financing network jointly owned by Aimbridge Indirect Lending, the OCUL Services Corp. and several Ohio CUs, recently added four CUs to its program: Sharefax Credit Union of Batavia, Dayton Firefighters FCU of Dayton, Greenhills Credit Union of Greenfield, and CODE Credit Union of Dayton.
For info: www.aimbridge.com.