FAA Credit Union's support of the BlueYield exchange and AAA Auto Finance in Oklahoma is a continuation of their history of innovation.
Mission Viejo, CA (PRWEB) July 27, 2011
BlueYield, a consumer auto finance lending exchange and leading provider of private-label affinity automotive financing programs, today announced the addition of FAA Credit Union to its consumer auto finance lending exchange, along with a unique cash-back program for AAA Oklahoma members.
FAA Credit Union has been serving members since 1946. Today they operate seven branches in the Oklahoma City area. They have a long tradition of innovative ideas, including Oklahoma's first student-run credit union branch inside the Westmoore High School. "FAA Credit Union's support of the BlueYield exchange and AAA Auto Finance in Oklahoma is a continuation of their history of innovation," said Robin Richmond, BlueYield's VP of Lender Development.
"FAA Credit Union fulfills an important role in BlueYield's relationship with our affinity partner AAA," said BlueYield EVP Douglas Bower. "AAA Oklahoma is one of our most active AAA Clubs, and FAA brings great service, inventive ideas, and a local lender presence to these members."
To launch the new program, a special promotional offer of $100 cash back to refinance an existing auto and 60 days to first payment is available exclusively for AAA Oklahoma members. "We are very excited about this special offer available to AAA Oklahoma members," said Scott Norman, Marketing Manager of AAA Oklahoma and South Dakota. "This is a value-added program we can offer our members at a time when budgets are tight and people are looking for a realistic and relevant way to save on their monthly loan payments."
In addition to augmenting the AAA affiliation, FAA Credit Union brings its Member Payback Guarantee product to the BlueYield lending platform. This discounted loan program offers a lower rate for vehicles that are certified by the Environmental Protection Agency as SmartWay vehicles.
"Joining the BlueYield lender platform is just one more way that FAA Credit Union is serving the community," said Steve Rasmussen, President/CEO of FAA Credit Union. "The fact that we are supporting their relationship with AAA Oklahoma is meaningful as we share the same member-service philosophy."
About FAA Credit Union
With headquarters in Oklahoma City and seven branches in the greater Oklahoma City area, FAA Credit Union has been serving members for sixty-five years. Today, the credit union has nearly 50,000 members and serves its members in the eight-county region of greater Oklahoma City. This includes Canadian, Cleveland, Grady, Lincoln, Logan, McClain, Oklahoma and Pottawatomie counties. FAA Credit Union has assets in excess of $500 million. Additional information about the credit union is available by visiting http://www.faaecu.org.
About Blue Yield, 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.