Credit Union Leasing of America Experienced Double-Digit Growth in 2023
SAN DIEGO, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Credit Union Leasing of America (CULA) experienced double-digit growth in its portfolio, credit union and dealer partners in 2023, even in the face of a challenging auto finance environment, the company announced today. CULA drove 24% growth in credit union partnerships year-over-year, with four of those additions driving expansion into multiple states.
- In a challenging auto finance environment, CULA grew its portfolio as well as Credit Union and Dealer Partners, while expanding national footprint
SAN DIEGO, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Credit Union Leasing of America (CULA) experienced double-digit growth in its portfolio, credit union and dealer partners in 2023, even in the face of a challenging auto finance environment, the company announced today. - CULA drove 24% growth in credit union partnerships year-over-year, with four of those additions driving expansion into multiple states.
- CULA now offers vehicle leasing through credit unions in 23 states and more than 40 credit unions are currently active on CULA's innovative leasing platform.
- CULA's understanding of the credit union financial model has resulted in long-term business relationships with top-tier credit unions, including nine of the top 10 credit unions offering leasing in the U.S.