Metro Credit Union Launches Auto Leasing Program with Credit Union Leasing of America
March 2, 2021
CHELSEA, MA, March 2, 2021 – Metro Credit Union, Massachusetts’ largest state-chartered credit union, today announced that it has launched an auto leasing program through its partnership with Credit Union Leasing of America (CULA). The new vehicle leasing program provides an additional lease option to auto dealers. Metro is one of only two credit unions in Massachusetts to offer an additional lease option to auto dealers in partnership with CULA.
Nearly thirty percent of new cars are leased rather than sold nationwide. Thus, there is a huge demand for auto loans across the country. The new partnership offers Metro the opportunity to provide products and services directly to members who would previously only connect with Metro through a leasing agreement. From an organizational standpoint, working with CULA will also diversify Metro’s own portfolio of assets.
“We welcome the opportunity of partnering with CULA, and in turn, introducing new individuals to the Metro family,” said Maria Justiniano,” Senior Vice President, Lending. “Through their positive leasing experience, we’re confident that they’ll be members for life.”
For more information about Metro Credit Union, please visit metrocu.org, or connect with us on LinkedIn.
About Metro Credit Union
Metro Credit Union is the largest state-chartered credit union in Massachusetts, with $2.3 billion in assets. Metro provides a full range of financial products to more than 225,000 members in Essex, Middlesex, Suffolk, Norfolk, Plymouth, Barnstable, Bristol and Worcester counties in Massachusetts, and Rockingham and Hillsborough counties in New Hampshire, as well as to employees of over 1,200 companies through its Metro@work program.
Founded in 1926, Metro currently operates 14 branch offices in Boston, Burlington, Chelsea, Framingham, Lawrence, Lynn, Melrose, Newton, Peabody, Salem, Tewksbury, and coming soon to West Roxbury. Metro is also a Juntos Avanzamos (“Together We Advance”) designated credit union, an honor given to financial institutions for their commitment to serving and empowering Hispanic and immigrant consumers. Metro was recently named among the most charitable companies in Massachusetts by the Boston Business Journal. Learn more at MetroCU.org and connect with us on LinkedIn.
Metro Credit Union is closely monitoring the COVID-19 emergency and working with members who are impacted. For more information about access to our branches and how to manage your accounts remotely during this time, please visit MetroCU.org/access.