BlueYield's relationship with national affinity partners like the AAA gives us an opportunity for high quality auto loan portfolio growth that we otherwise wouldn't have.
Mission Viejo, CA (PRWEB) July 20, 2011
BlueYield, a consumer auto finance lending exchange and leading provider of private-label affinity automotive financing programs, announced today the addition of Fort Knox Federal Credit Union to their consumer auto finance lending exchange.
Fort Knox Federal Credit Union, based in Radcliff, Kentucky, serves more than 75,000 members from 14 branches and has almost $1 billion in assets. Fort Knox Federal is a not-for-profit financial service cooperative and is insured by NCUA for individual deposits up to $250,000 per account. Fort Knox Federal has been awarded the BAUER FINANCIAL highest 5-star SUPERIOR rating for safety for 26 consecutive years.
"Fort Knox Federal Credit Union is a terrific new lending partner for BlueYield," said BlueYield President and COO Jennifer Heil. "Fort Knox brings added coverage and quality product offerings to our lender network. Their national underwriting coverage fits well with our partner relationships, ensuring a consistent presentation of concierge-level service for our affinity partners and their customers."
"We believe that BlueYield shares the same member-centric philosophy we have here at Fort Knox Federal Credit Union," said Rebecca Ates, Vice President of Lending at Fort Knox Federal. "BlueYield's relationship with national affinity partners like the AAA gives us an opportunity for high quality auto loan portfolio growth that we otherwise wouldn't have."
About BlueYield, LLC
BlueYield is a "direct-to-consumer" auto finance lending exchange, delivering exceptional value to our affinity partners, consumers, lenders and lead sources. The Company deploys proprietary technology, sophisticated processes and high-touch service to create a unique experience for consumers who seek an alternative to dealer-sourced financing. BlueYield's advanced technical capability combined with a national network of established lenders creates an efficient platform for marrying the automotive finance needs of borrowers with the financial resources of lenders. BlueYield delivers robust financing solutions through affinity partners such as AAA and Hertz, as well as powering the online brands, AffinityAutoLoans.com, BlueMonkeyJunction.com, and AutoClubFinance.com.