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CUDL EXPANDS TO 10,000 AUTO DEALERS
updated 07/08/13 03:06 PM
Auto Lending Milestone Reached
CUDL, the credit union industry’s largest auto lending network, has expanded to 10,000 dealers, a momentous achievement for the Ontario, CA-based company.

For more than 20 years, CUDL’s auto lending network has provided credit unions the ability to help their members gain vehicle financing at auto dealerships.

In recent years, the company has experienced significant growth, including adding more than 1,000 dealers in the last year. Its pre-approval programs, including Pre-Approval Campaign Manager and the SMART Approval program, alone have helped credit unions fund $291.3 million in auto loans over the last three years.

“I congratulate CUDL for reaching the significant milestone of 10,000 dealers using the CUDL system,” said John Lund, CUDL board chairman. “This indicates just how relevant the services of CUDL are to dealers throughout the country. The outstanding products and services offered by CUDL provide a winning solution for dealers, credit unions, and most importantly credit union members.”

CUDL's network includes more than 1,050 credit unions, representing 35 million members nationwide, with credit unions experiencing 16 percent growth in funded auto loans since the beginning of the year.

For more information, visit www.CUDL.com.

 
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'BIG DATA' SPOTLIGHT: RISK OR REWARD updated 10/22/14 12:06 PM
Three Panelists Share Opinions
With Alessandro Acquisti as moderator, Wednesday’s audience was treated to a lively discussion—and a bit of back-and-forth debate—on the use of “big data” at credit unions and its ramifications.

SPEAKER DELVES INTO DATA PRIVACY updated 10/22/14 11:57 AM
The Credit Union Connection
As the Big Data Panel during REACH 2014 kicked off on Wednesday, it was apparent “big data” is everywhere and infiltrates all facets of our lives. But how much do consumers value their privacy, and what does it mean for credit unions?

SOCIAL CHARM: INGREDIENT FOR SUCCESS updated 10/22/14 07:59 AM
Chen Lizra at REACH
“Engagement” is one of the top buzz words circulating around REACH 2014—and TED speaker, business consultant, and author Chen Lizra shared some unique insights during the general session on Tuesday. Her buzz word: “social charm.”

INNOVATION PANEL SPURS TAKE-AWAYS updated 10/22/14 05:21 PM
Three CU Industry Perspectives
Attendees at REACH 2014 received a plethora of ideas from Tuesday’s innovation panel to take back to their credit unions—not the least of which included more interaction between employees and leaders, and free-flow of ideas from the bottom up.