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Products and Services briefs (01/25/2010)
* COLUMBUS, Ohio (1/26/10)--Five Ohio credit unions have selected Aimbridge Indirect Lending’s to offer members online shopping and buying and lending privileges for new and used vehicles. The credit unions are: Directions CU, Toledo; Cintel, Cincinnati; CME CU, Columbus; Champion CU, Toledo; and Mercy Health Partners FCU, Toledo. The online service provides members access to thousands of new and used vehicles in Ohio, financing options, and the ability to save vehicles in a virtual garage and schedule a test drive. Aimbridge is a provider of integrated multi-channel, multi-lender auto-buying and lending services which markets auto loans and insurance products through partnerships with dealerships and financial institutions ... * ST. PAUL, Minn. (1/26/10)--The Minnesota Credit Union Network (MnCUN) welcomed 26 participants to the 2010 Vendor Involvement Program, which links community service organizations with MnCUN and increases its visibility with Minnesota credit unions. Of the 26 organizations, six are new and 20 have renewed their participation for 2010. New organizations include: The Advantage Network, Apex Print Technologies, Harland Financial Solutions, Professional Recovery Services of Minnesota, Reposessors Inc. and World Wide Auto Media ... * DEARBORN, Mich. (1/26/10)--The CTS Marketing Knowledge Partners, a new strategic partnership providing marketing for credit unions and small and mid-size banks, kicked off last week. CTS offers credit unions integrated market research, Internet marketing, public and investor relations, and an opportunity to partner with top-level practitioners. CTS says credit unions and small and mid-size banks need to partner with experts in consumer and market research, communications planning, public relations and Internet marketing ... * PHILADELPHIA (1/26/10)--VINtek, a provider of automotive collateral management services and direct auto finance solutions for credit unions and other lenders, announced that it will manage vehicle titles for Santander Consumer USA Inc. (SC USA), resulting from SC USA’s acquisition of the indirect auto loan portfolio of Triad Financial. Santander has a $7 billion non prime auto portfolio and owns Drive, RoadLoans and Santander Auto Finance brands. It specializes in offering financing solutions to borrowers with limited or below-average credit scores ...


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