GrooveCar Direct Announces 17 New Credit Union Partnerships in Q3 2019
Over 350 credit unions have joined the GrooveCar Direct program nationwide!
Read more
Over 350 credit unions have joined the GrooveCar Direct program nationwide!
Read moreOver 425,000 new credit union members can shop for their next vehicle with their credit union!
Read moreGrooveCar Direct, the nation's leading online auto loan growth partner for credit unions, announces 19 new program partners in Q1 2019. Joining the program in Q1 2019 are:
Read moreWhile auto loans often hold a prominent share of a credit union’s overall portfolio, some credit unions make the mistake of viewing indirect financing, leasing, and direct lending as entirely separate programs. This misconception makes it difficult for credit unions to keep up with member expectations and effectively capture auto loans. In order to maximize the number of auto loans, credit unions need to actively unify all three programs, which in turn will provide members a unique experience that exceeds expectations.
Read moreHAUPPAUGE, N.Y. – GrooveCar Direct, the nation's leading platform for credit union member engagement and direct auto loan growth, announced that 2018 was another year of significant growth as it surpassed 300 credit union clients across 36 states. The program welcomed 65 new credit unions in 2018, a 33% YOY increase in credit union clients. New credit union partners had a combined asset size of $12 billion, an average asset size of $186 million each. They also contributed an additional 1.1 million members to the program, an average membership of 17,850 members.
Read more