CENTENNIAL, Colo.--(EON: Enhanced Online News)--CU Direct Connect (CUDC) announces that it has signed an agreement with Sonic Automotive that names CU Direct Connect as a Preferred Lender for Sonic Automotive dealerships in Colorado. The agreement became effective Aug. 1, 2013.
“We are proud to be a preferred lender for Sonic Automotive as the program is great for the consumer members of our participating credit unions and will generate incremental business for Sonic as well, making this a win-win for both organizations.”
CU Direct Connect, through its 34+ member credit unions, is collectively the largest auto lender in Colorado. Sonic Automotive has recently expanded its presence in Colorado through the acquisition of two franchise dealerships, which also took place in August 2013.
Blair Korschun, CUDC’s President/CEO, stated, “We are proud to be a preferred lender for Sonic Automotive as the program is great for the consumer members of our participating credit unions and will generate incremental business for Sonic as well, making this a win-win for both organizations.”
For more information regarding CUDC member benefits for credit unions and auto dealer partners visit us online at www.CUDirectConnect.com. Consumers interested in an auto loan or joining a local credit union may visit www.GetACreditUnionLoan.com.
About CU Direct Connect
CU Direct Connect (CUDC) is a credit union service organization providing state of the art vehicle lending and origination funding platforms utilized by credit union members and auto dealer partners. The organization, based in Colorado, was formed in late 2002 and currently serves approximately 34 credit unions for vehicle lending which support the auto dealer partners in the CUDC program. CUDC, through its member credit unions, is collectively the largest auto lender in Colorado YTD through June 30, 2013. For additional information visit us online at www.CUDirectConnect.com.
About Sonic Automotive
Sonic Automotive, as a Fortune 500 company and member of the Russell 2000 Index, is among the largest automotive retailers in the United States. Sonic Automotive operates over 100 dealerships spread across 14 states and 25 major metropolitan markets. We represent approximately 25 different automotive brands with the majority of our dealerships being luxury and import brands. We are an industry-leading automotive retailer committed to providing our customers with an outstanding automotive experience that is delivered with professionalism, integrity and enthusiasm. For additional information about Sonic Automotive, go to www.sonicautomotive.com.