For the second month in a row, Credit Union Leasing of America (CULA) landed another institution partnership.

The newest one involves One Credit Union, which is headquartered in Vermont, serves more than 18,000 members and manages more than $259 million in assets.

With the addition of One Credit Union, CULA now supports vehicle leasing in 34 states through more than 40 credit union partners.

In February, CULA landed a partnership with Pennsylvania State Employees Credit Union (PSECU), one of the largest credit unions in Pennsylvania, to offer vehicle leasing to PSECU’s more than 545,000 members.

“As affordability pressures continue to reshape the auto market, credit unions are increasingly integrating leasing into their lending strategies,” CULA president Ken Sopp said in a news release. “Expanding our network of credit union partners enables more institutions to offer more members a lower payment option, all while strengthening their position in the indirect channel and improving yield. One Credit Union is an ideal partner to bring that capability to Vermont.”

Vickie LaRocque is vice president of lending at One Credit Union

“Our members are increasingly focused on managing vehicle costs in today’s market,” LaRocque said in the news release. “CULA’s established leasing platform allows us to introduce a lower monthly payment option while leveraging CULA’s analytics, operational infrastructure and compliance expertise to seamlessly integrate leasing into our lending program.”

CULA said the average monthly lease payment for a credit union member originated through its platform last year was $169 lower than on a similarly priced vehicle financed at the prevailing average loan rate of 6.5%, reinforcing leasing’s ability to deliver meaningful affordability at the point of transaction.

Across its national network, CULA delivered an estimated $94.6 million in annual savings to credit union members in 2025.

“With longer-term loans becoming more common as consumers manage rising vehicle payments, leasing provides credit unions with a structured way to offer lower monthly payments without extending risk exposure,” said Sopp, pointed out that CULA has been involved in indirect vehicle leasing for credit unions for more than 35 years.

“It’s an effective way for credit unions to support member affordability while maintaining a strong auto lending portfolio,” Sopp added.