Brothers Chuck and Danny Meagher, who previously served as executives at Fusion Auto Finance, on Wednesday brought their tech-driven, 100% residual value-guaranteed leasing platform to market, specifically targeting credit unions.

The siblings said Heritage Auto Leasing combines deep automotive leasing expertise with advanced technology to deliver a lower-cost, member-focused leasing solution backed by a 100% residual value guarantee.

While at Fusion Auto Finance, the brothers oversaw all aspects of residual value setting, risk management, sales, and marketing for one of the nation’s most successful credit-union-focused indirect leasing programs. Their leadership at Fusion provided the foundation for Heritage’s model, emphasizing disciplined risk management, lean operations, and technology-driven efficiency.

Heritage Auto Leasing was created to help credit unions compete more effectively in today’s rapidly evolving auto finance market.

By leveraging automation, data analytics, and proprietary technology through LoanSwift, Heritage can streamline dealer funding and back-office processes, reducing operational friction while improving accuracy, efficiency, and member experience.

“Credit unions have long been underserved in the leasing space,” said Chuck Meagher, who is the CEO of Heritage Auto Leasing. “Heritage is designed to change that. We bring institutional-grade lease management, technology, and risk controls to credit unions of all sizes, without the excessive fees or complexity that typically come with traditional providers.”

Through its indirect lease program, Heritage manages all aspects of residual value setting, risk management, dealer relationships, the lease maturity process, and vehicle remarketing.

The company’s platform can enable credit unions to offer competitive, tech-driven leasing products to their members without assuming operational burden or residual risk.

Every Heritage lease carries a 100% residual value guarantee, ensuring credit unions have complete confidence in the performance and protection of their leasing portfolios.

“Heritage was built around what credit unions value most – efficiency, transparency, and protection,” added Danny Meagher, who is chief operating officer. “Through our proprietary technology, we’ve created a program that simplifies funding for dealers, reduces friction for credit unions, and delivers a better experience for members.”

Heritage Auto Leasing initially plans to partner with select credit unions in key markets across the Northeast, with national expansion planned as the program scales.

For more information about Heritage Auto Leasing or to inquire about partnership opportunities, visit www.heritageautoleasing.com.