Auto Financial Group Announces Partnership with Federal Aviation Administration Employees Credit Union

Austin, Texas – Auto Financial Group, an online provider of residual-based financing products for credit unions, announces they have expanded their client base beyond Texas. FAA Employees Credit Union, based in Oklahoma City, Oklahoma, will now offer its members a solution to automobile financing.

Auto Financial Group’s easy-to-use, web-based program, Driving Sense™, will provide FAA Employees Credit Union with electronic loan documents, in a secure online environment. With access to these tools, credit union officers and staff can build a vehicle for their members and illustrate the difference between conventional financing and Auto Financial Group’s balloon and lease options. FAA Employees Credit Union members can also access the calculator on the credit union’s website to build a vehicle and compare payments themselves.

Members of the credit union benefit from this service by receiving lower payments (often as much as 40 percent lower), flexible two- to five- year terms, actual ownership of the vehicle and several end-of-term options.

“We look forward to working with FAA Employees Credit Union,” says Richard Epley, President of Auto Financial Group. “This is the next step in growing our company and offering our products to credit unions beyond the state of Texas.”

Auto Financial Group provides residual-based financing products to credit unions. They remove the financial risk to the credit union by guaranteeing the predetermined residual value of the vehicle through third party insurance, as well as handle the vehicle’s disposition. Auto Financial Group is paid only one low administration fee for each lease or balloon contract while the credit union earns all the interest. Auto Financial Group is based in Houston, TX with an additional location in Austin, TX.