Press releases

Auto Financial Group Announces Strategic Growth into the Canadian Market

HOUSTON, August 9, 2018 – Auto Financial Group announced today that it completed the acquisition of Credit Union Leasing Administration of Canada Ltd. on August 1. CUL Administration of Canada provides a turnkey program to Canadian credit unions to enable them to participate in consumer and commercial automobile leasing. Peter Birks, President of CUL Administration of Canada, will continue to run operations as the company integrates with Auto Financial Group. AFG’s growth into new markets demonstrates its commitment to financial institutions across the United…
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Auto Financial Group Announces Strong Results for Q2 2018

Houston, Texas – Auto Financial Group (AFG), one of the nation’s leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q2 2018 today, continuing a strong trend in new customer signings of the past year. In this quarter, AFG has signed eight new credit unions to the AFG Balloon Lending Program: Minnesota Power Employees Credit Union, York County FCU, Mill City Credit Union, American Lake Credit Union, AllWealth FCU, Postal Family Credit Union, Members…
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Auto Financial Group Announces Strong Results for End of 2017 and Beginning of 2018

Houston, Texas – Auto Financial Group (AFG), one of the nation’s leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q4 2017 and Q1 2018 today, continuing a strong trend in new customer signings of the past year. Since October 2017, AFG has signed eight new credit unions to the AFG Balloon Lending Program: Great Basin FCU, Cencap FCU, Two Harbors FCU, Pima FCU, Best Financial Credit Union, Northern Kentucky Educators Credit Union, HealthCare…

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Auto Financial Group Announces Continuing Momentum in Q3 2017 Growth Figures

Auto Financial Group Announces Continuing Momentum in Q3 2017 Growth Figures Houston, Texas – Auto Financial Group (AFG), one of the nation’s leading sources of residual based financing and vehicle remarketing for financial institutions, announced Q3 2017 growth figures today, revealing increasing momentum in new customer signings. AFG welcomes Credit Union of Texas as a new partner to our remarketing services. Credit Union of Texas is based in Dallas, TX and ranks in the top 100 credit unions in the…
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Auto Financial Group Announces Continuing Momentum in Q2 2017 Growth Figures

Auto Financial Group Announces Continuing Momentum in Q2 2017 Growth Figures Houston, Texas – Auto Financial Group (AFG), one of the nation’s leading sources of residual based financing and vehicle remarketing for financial institutions, announced Q2 2017 growth figures today, revealing increasing momentum in new customer signings. Since April 2017, AFG has signed nine new credit unions to the AFG Balloon Lending Program including: Hartford Healthcare FCU, Hudson River Financial FCU, Northwoods Credit Union, PriorityONE Credit Union, Smart Financial Credit…
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Auto Financial Group Announces Continuing Momentum in Q1 2017 Growth Figures

Auto Financial Group Announces Continuing Momentum in Q1 2017 Growth Figures Houston, Texas – Auto Financial Group (AFG), one of the nation’s leading sources of residual based financing and vehicle remarketing for financial institutions, announced Q1 2017 growth figures today, revealing increasing momentum in new customer signings. Since January 2017, AFG has signed four new credit unions to the AFG Balloon Lending Program: Torrington Municipal & Teachers FCU, Sioux Falls FCU and Great Lakes First FCU. The fourth credit union…
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Dave Pratt joins Auto Financial Group

Dave Pratt joins Auto Financial Group’s vehicle remarketing management team Houston, Texas (March 22, 2017) – Auto Financial Group (AFG), an online provider of innovative financing products for credit unions and banks, announced today that Dave Pratt has joined their vehicle remarketing department as Remarketing Manager. In this new position, Pratt will oversee daily operations of the team. Pratt brings over 20 years of experience in the automotive industry, having worked in various capacities at dealerships early in his career, followed…

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Auto Financial Group Announces Continuing Momentum in Fall 2016 Growth Figures

Houston, Texas – Auto Financial Group (AFG), a leading provider of innovative financing products for credit unions and banks, announced Fall 2016 growth figures today, revealing increasing momentum in new customer signings with AFG’s Balloon Lending program. Since September 2016, AFG has signed seven new credit unions to their Balloon Lending program, resulting in a reach increase of 1,563,615 new consumers. These new organizations include: Gold Coast FCU, St. Cloud Federal Credit Union, PA Central FCU, Laramie Plains Community FCU,…
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