Auto Financial Group Partners with Credit Union Services, Inc.; AFG and CUSI to Provide Lease Solution for Credit Unions.

HOUSTON -- Auto Financial Group (AFG), an online provider of residual-based financing products for credit unions, announced today that it has signed an agreement with Credit Union Services, Inc. (CUSI). Under the agreement, AFG will be responsible for marketing CUSI's vehicle lease solution to other credit unions, as well as handle all proactive remarketing, disposition of lease vehicles at lease maturity, and provide residual value insurance.

As a subsidiary of Credit Union of Texas, CUSI has been originating leases to its members for over a decade. This deal with AFG will allow it to originate leases with additional credit unions, specifically the approximately 175 credit unions that AFG counts as current customers.

AFG has extensive experience in auto financial products for credit unions. Its Driving Sense(TM) product includes many of the same features as the lease solution it is now providing to CUSI, including a guaranteed, predetermined vehicle residual value through third party insurance, automatically generated loan documents, and no end-of-term hassles because AFG handles disposition of the vehicle.

By removing the financial risk to the credit union, AFG empowers the credit union to compete with traditional loans and conventional leases from auto manufacturers and banks.

"We are particularly enthusiastic about our partnership with CUSI," says Richard Epley, President of Auto Financial Group. "AFG can leverage our experience and existing relationships with our 175 credit union customers to create this lease solution with CUSI. Combining our strengths will be a win-win for both companies, as well as the credit unions and their members."

"Our lease programs were created by credit union people for credit union members," adds Jeff Gurney, President of Credit Union Services. "We have a keen understanding of credit union needs and the indirect lending business. This new relationship allows credit unions to package lease capabilities with already established successful programs."

Under the agreement, CUSI will offer the lease solution in forty-five states.

About Auto Financial Group, Inc.

Auto Financial Group, Inc. is a Houston-based company that provides Driving Sense(TM), an online residual based auto financing product for credit unions and other financial institutions. With Driving Sense(TM), credit unions can "build" a vehicle for their members, compare payment terms with conventional loans, and offer their members lower payments (often as much as 40 percent lower), flexible two- to six-year terms, actual ownership of the vehicle and several end-of-term options.

Auto Financial Group removes the financial risk to the credit union by guaranteeing the predetermined residual value of the vehicle through third party insurance, as well as handling the vehicle's disposition. Auto Financial Group is paid one low administration fee for each Driving Sense(TM) loan, while the credit union earns all the interest. For more information, visit www.autofinancialgroup.com.

About Credit Union Services, Inc.

Credit Union Services, Inc. (CUSI) is based in Dallas, TX and offers FairLease and FairLease Commercial; lease programs for approved consumers, lessors and automobile dealers. Since 1995, CUSI has originated over 26,000 lease contracts representing more than $950 million in auto receivables. CUSI serves over 600 dealers and offers a suite of products and services for the auto finance industry, including both consumer and commercial lease programs in 45 states.

CUSI's indirect programs include several unique dealer finance tools including lease quotation software, online Motor Vehicle Lease Agreements (MVLA), lease document printing capabilities, in-house consultants with lease expertise to aid in the structure and origination of lease contracts, independent audit of lease contracts submitted for funding and a team of sales professionals proficient in dealer relations. CUSI has received national attention primarily due to their unique, efficient, low cost and profitable programs combined with high service levels and hands on approach to meeting customer's needs.