SACU (San Antonio Federal Credit Union) announces that it has surpassed $1 billion in its auto lending portfolio. Working through the San Antonio and Houston dealers, the credit union has helped SACU members obtain automobile financing through dealer-initiated loans on both new and used vehicles since 1987. The credit union is celebrating 25 years of innovation in the auto lending industry.

“SACU has valued relationships with approximately 160 dealers in the greater San Antonio and South Texas areas. This provides convenience for SACU members and consumers eligible to become SACU members,” John Mundy, SACU Senior Advisor for Indirect Lending, said.
“All customers need to do is go to a dealer who has a relationship with SACU and find the car of their choice. If they need financing, just let the dealer know they want to get their loan through SACU. If a dealer presents a contract package to SACU’s dealer center by noon, we can have the funds deposited to the dealer’s account that same day. This type of service allows customers to drive away with the vehicle of their choice in a very short time. SACU lenders provide good service and fast funding, which makes dealers and buyers happy.”

For more information about SACU’s innovative approach to auto lending, contact John Mundy at 210-258-1354 or toll free at 1-800-234-7228 Ext. 1354 or by email at jmundy@sacu.com.
SACU, a $2.9 billion credit union, provides benefits through competitive yields on savings, lower loan rates, and reasonably priced financial services. It offers convenience through 17 San Antonio locations, one Houston location, online banking services and GOTM, the mobile app from SACU. Membership is required and there are hundreds of ways to qualify for membership. Log on sacu.com or call Member Services at 210-258-1234 or 1-800-688-SACU (7228) for information.