CULA brings Credit Union of Georgia into client portfolio
Credit Union Leasing of America (CULA) president Ken Sopp. Images courtesy of the company.
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Credit Union Leasing of America (CULA) just landed an award-winning client.
The provider of indirect vehicle leasing solutions on Wednesday announced a new partnership with Credit Union of Georgia, which is among the 2025 Best of Georgia Award recipients.
The company also manages more than $732 million in assets.
With this new relationship, CULA currently partners with 40 credit unions representing more than $146 billion in assets and serving more than 7.6 million credit union members.
“We are proud to extend our footprint to Georgia by bringing vehicle leasing to Credit Union of Georgia’s over 36,000 members, especially as vehicle prices continue to skyrocket and affordability continues to be a top concern for consumers. CULA president Ken Sopp said in a news release. “Leasing is one of the most effective tools available for managing monthly vehicle costs, and can make a real and immediate impact on credit union members’ monthly budget.”
In 2025, CULA members saved an average of $169 per month by leasing versus financing a similarly priced vehicle, adding up to an estimated $94.6 million in annual savings across credit union members nationwide.
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“Our members look to us for financial solutions that make their lives easier, and vehicle leasing through CULA does exactly that,” said Jason Walker, chief lending officer at Credit Union of Georgia, which was founded in 1988. “The CULA program means we can offer our members a more accessible and more flexible path to a vehicle.”
For Georgia dealers, CULA highlighted, the partnership opens a new lending channel, giving them a competitive financing option that can help keep more customers on the lot.
“Vehicle leasing represents nearly one quarter of all new vehicles sold in the U.S. and continues to be a critical option for consumers in the vehicle market, especially in today’s economic landscape,” Sopp said.
“We continue to see more and more credit unions adding leasing to their portfolios, and we are pleased to join with some of the country’s best credit unions, such as Credit Union of Georgia, to make that happen,” Sopp continued. “We’re also grateful to our partners at CRIF for their support in making this important new partnership possible.”
Visit www.cula.com to learn more.