DENVER (10/22/15)--The Mountain West Credit Union Association (MWCUA) has signed a strategic partnership agreement with AUTOPAY, which will provide MWCUA’s member credit unions with automobile purchase financing and refinancing services.
“AUTOPAY’s Web and mobile-enabled applications, data security and compliance certifications were all key factors in determining” the partnership, said Mike Atchison, MWCUA’s senior vice president of credit union relations.
The association expects member credit unions in Colorado, Arizona and Wyoming will “see increases in loan volume, improved portfolio performance and streamlined processes as a result of being AUTOPAY customers,” he said.
Participating credit unions will benefit from end-to-end process management, including data collection, automated closing documents and title guarantees. AUTOPAY’s proprietary technology, which systematically performs lender matching and enables geo-targeting to increase market penetration into fields of membership, will support all operations. AUTOPAY also will provide credit unions with actionable analytics to better understand market positioning and trends.
“At AUTOPAY, we believe in changing the way traditional automotive financing operates by combining finance with technology and providing transparency into the entire process,” said Jeff Hutcheson, AUTOPAY’s founder and managing partner.