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Colorado State Employees Credit Union Partners with Automotive Avenues.


Aimbridge Lending Solutions' auto buying service helps credit union continue to increase automotive sales

ENGLEWOOD Englewood (ĕng`gəlwd).

1 City (1990 pop. 29,387), Arapahoe co., N central Colo., on the South Platte River, a residential and industrial suburb of Denver; inc. 1903.
, Colo. -- Aimbridge([R]) Lending Solutions, an integrated provider of multi-channel See multichannel. , multi-lender auto buying and lending services, announced that Denver-based Automotive Avenues has partnered with Colorado Colorado, state, United States
Colorado (kŏlərăd`ə, –răd`ō, –rä`dō), state, W central United States, one of the Rocky Mt. states.
 State Employees Credit Union (CSECU CSECU Colorado State Employees Credit Union ). Automotive Avenues, a division of Aimbridge, provides CSECU members with an alternative to a traditional car dealership This article is about car dealerships. For the indie pop band, see Dealership (band).

A car dealership or vehicle local distribution is a business that sells new cars and/or used cars at the retail level, based on a dealership contract with an automaker or
 by offering an all-inclusive new and used car buying service as well as a service and parts facility and on-site financing and leasing.

"Automotive Avenues combines the knowledge and experience of two decades in the credit union industry with forward-looking, innovative services such as Web-based inventories," said Doug Schneider, vice president of marketing, CSECU. "Its automotive offerings and non-commissioned sales team have a top-notch reputation in the industry. It provides quality vehicles at a very competitive price and superior service. We are proud to offer the dealership to our members and look forward to further increasing our loan offerings through the dealership."

Despite decreasing loan volume in most of Colorado, $1.7 billion CSECU continues to increase its lending through persistence (1) In a CRT, the time a phosphor dot remains illuminated after being energized. Long-persistence phosphors reduce flicker, but generate ghost-like images that linger on screen for a fraction of a second.  in marketing and enhanced member services, such as its partnership with Automotive Avenues. The credit union has a vehicle portfolio of $336 million, nearly half of its entire lending volume.

"Being selected as the dealership of choice for a thriving thrive  
intr.v. thrived or throve , thrived or thriv·en , thriv·ing, thrives
1. To make steady progress; prosper.

2.
 credit union such as Colorado State Employees Credit Union is very exciting for us," said Bill Green, president of Automotive Avenues. "Our controlled loan production and superior member service can play a vital role in continuing to improve already impressive lending returns."

About Automotive Avenues

Automotive Avenues, a division of Aimbridge Lending Solutions, is a one-stop, all-inclusive new and used car auto-buying service offering sales, a service and parts facilities and on-site financing and leasing, exclusively for credit unions and their members.

Automotive Avenues has worked with more than 60,000 credit union members by providing pristine pris·tine  
adj.
1.
a. Remaining in a pure state; uncorrupted by civilization.

b. Remaining free from dirt or decay; clean: pristine mountain snow.

2.
 vehicles, highly competitive pricing and exceptional service. For additional information visit www.autoaves.com.

About Aimbridge Lending Solutions

Since 1984, Aimbridge Lending Solutions has partnered with credit unions and automotive dealers to market auto loans and insurance products. The company hosts a single platform through which direct, indirect and Web-based lending solutions help its partners increase automotive lending and increase revenue.

For additional information visit www.aimbridge.com, call 1.888.400.2865 or e-mail info@aimbridge.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 11, 2007
Words:398
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