GrooveCar brings on 25 new credit union partners in Q3

HAUPPAUGE, N.Y. - 

More than 300,000 additional credit union members might be using GrooveCar’s platform to make a vehicle purchase.

The buying resource enjoyed another busy quarter and signed up 25 new partners in Q3.

“GrooveCar puts the platform in the hands of members, literally. Shop from any place at any time. Credit unions on the program realize 82 percent of members do their research through third-party sites. Without offering an auto buying service, credit unions risk missing out on auto loan growth opportunities,” said Robert O’Hara, vice president of strategic alliances at GrooveCar.

The new credit unions aboard the program include:

California
Chabot Federal Credit Union with assets of $70 million serving 2,045 members
SCE Federal Credit Union with assets of $680 million serving 52,927 members

Minnesota
North Shore Federal Credit Union with assets of $158 million serving 9,383 members

New York
CFCU Community Credit Union with assets of $1 billion serving 68,839 members
First New York Federal Credit Union with assets of $325 million serving 31,371 members

North Dakota
Prairie Federal Credit Union with assets of $123 million serving 7,772 members

Ohio
Buckeye State Credit Union with assets of $81 million serving 16,363 members
LCE Federal Credit Union with assets of $38 million serving 5,067 members
New Horizons Credit Union with assets of $38 million serving 5,348 members
Riverview Credit Union with assets of $60 million serving 5,465 members
Steel Valley Federal Credit Union with assets of $27 million serving 5,375 members

Tennessee
Collegedale Credit Union with assets of $43 million serving 5,226 members
Holston Methodist Federal Credit Union with assets of $14 million serving 2,302 members
MPD Community Credit Union with assets of $27 million serving 2,997 members

Texas
Baylor Health Care System Credit Union with assets of $73 million serving 5,608 members
Beacon Federal Credit Union with assets of $152 million serving 17,206 members
First Central Credit Union with assets of $81 million serving 14,155 members
Hockley County School Employees Credit Union with assets of $31 million serving 3,054 members
Lifetime Federal Credit Union with assets of $40 million serving 3,688 members
Members Financial Credit Union with assets of $40 million serving 5,303 members
Metro Medical Credit Union with assets of $74 million serving 7,240 members
Scott & White Employees Credit Union with assets of $45 million serving 5,490 members
Texoma Community Credit Union with assets of $127 million serving 14,583 members

West Virginia
Pioneer West Virginia Credit Union with assets of $195 million serving 17,341 members

Wisconsin
St. Mary’s & Affiliates Credit Union with assets of $33 million serving 3,913 members

“We are thrilled to welcome them onboard and begin servicing their members. With our marketing support programs, the message gets broadcast out to members through email marketing, social media engagement and digital exposure,” O’Hara said. 

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