Business Details
38 Years
experience
Trusted Indirect Vehicle Leasing Solutions for Credit Unions
Credit Union Leasing-America has been the leader in indirect vehicle leasing for credit unions for over 35 years. We specialize in delivering comprehensive leasing programs that improve yield, diversify loan portfolios, and enhance member experiences. Our team of experts brings decades of experience in risk management, analytics, and operations, ensuring credit unions receive tailored solutions that align with their financial goals. We pioneered the first indirect vehicle leasing program for credit unions and continue to innovate through advanced technology and compliance expertise.With a proven track record of originating over 160,000 leases, we provide end-to-end supportfrom market analysis to remarketingallowing partners to focus on core operations. Our commitment to transparency, industry-leading analytics, and dealer-friendly programs solidifies our position as a trusted partner in the automotive finance sector. We pride ourselves on fostering long-term relationships with credit unions and dealerships nationwide, driven by a philosophy of innovation, growth, and customer-centric service.
Services
Indirect Vehicle Leasing
Lease Management
Risk Analytics
Compliance Support
Dealer Partnerships
Details
- Year established: 1988
Highlights and features
- We offer 35+ years of pioneering experience in indirect vehicle leasing for credit unions.
- Our team provides comprehensive risk management and expert analytics for optimal returns.
- We deliver compliance expertise and insurance coverage for peace of mind.
- Our proven remarketing team ensures maximum asset value retention.
- We manage end-to-end operations, allowing credit unions to focus on core services.
Services
Indirect Vehicle Leasing
Our indirect vehicle leasing program enables credit unions to diversify loan portfolios and improve yield. By handling operations, compliance, and remarketing, we allow partners to focus on member services. With 35+ years of expertise, we ensure competitive returns and dealer relationships.
Risk Analytics
We leverage advanced analytics and big data to manage residual values and market risks. Our team of experts, with decades of experience at firms like Toyota Financial Services, ensures accurate forecasting and portfolio stability for credit unions.
Compliance Support
We provide full compliance expertise, including tax, insurance, and regulatory standards. Our in-house team ensures adherence to NCUA guidelines and industry best practices, reducing liability for credit union partners.
Dealer Partnerships
We strengthen credit union-dealer relationships through seamless integration and support. Our program enhances dealer interactions, ensuring efficient leasing processes and member satisfaction while expanding market reach.
Lease Management
Our end-to-end lease management includes origination, servicing, and remarketing. With scalable technology and a dedicated operations team, we optimize portfolio performance and asset retention for long-term growth.
People
Ken Sopp
President
Ken Sopp brings deep vehicle finance expertise, having led Midway Fleet Leasing and owned a Ford dealership. He holds a B.A. in Economics from Northwestern University and serves on the National Vehicle Leasing Association board.
Sandy Albro
Vice President, Operations and Information Technology
Sandy Albro oversees operations and technology, ensuring seamless client experiences. She joined CULA in 2003 after developing its lease management system and manages compliance, servicing, and IT infrastructure.
Mason Trullinger
Vice President, Residual Risk Management
Mason Trullinger specializes in residual value analytics with experience at Toyota Financial Services and ALG. He holds a B.S. in Chemical Engineering from UC Santa Barbara and leads risk management strategies.
Chris Harper
Director of Business Development
Chris Harper has 25 years of credit union industry experience, including leadership roles at Goalsetter and Origence. He holds a B.S. in Mass Communications from Virginia Commonwealth University and drives partnership growth.
Ian Anderson
President of Hankey Group, Chairman of CULA
Ian Anderson leads Westlake Financials subsidiaries, growing its portfolio to $24B while maintaining 30% ROE. He holds a B.A. in Economics from UC Irvine and has received multiple auto finance awards.
Questions
What is indirect vehicle leasing?
Indirect vehicle leasing allows credit unions to offer auto leases through dealership partners, diversifying portfolios and improving yield while providing members lower monthly payments.
How does CULA support credit unions?
CULA manages leasing operations, compliance, analytics, and remarketing, allowing credit unions to focus on core services while enhancing member experiences and ROI.
What are the benefits of leasing for members?
Leasing offers members lower monthly payments, access to newer vehicles with advanced technology, and flexible terms that align with their financial needs.
How does CULA ensure compliance?
Our team provides expertise in tax, insurance, and regulatory standards, ensuring adherence to NCUA guidelines and reducing liability for credit union partners.
Can small credit unions participate?
Yes, our scalable program is tailored to credit unions of all sizes, with customized market assessments to align leasing with their specific goals.
