Centennial Lending, a Credit Union Service Organization based in Firestone, CO, has announced a new partnership with Dort Financial Credit Union to service its indirect vehicle lease portfolio. This relationship is set to strengthen Centennial Lending’s existing indirect lease servicing relationship in Michigan and expand its role as a national player in the servicing of auto leases.
“We are excited to partner with Dort Financial Credit Union and their excellent leadership team. When the Dort Financial team reached out initially, we quickly realized that a win-win relationship was waiting to happen. This is an example of how a cooperative partnership between a credit union service organization and a strong credit union can come together to benefit the credit union’s membership.” said Charles Wright, SVP of Growth at Centennial Lending.
Michael Nagl, CEO of Centennial Lending, added that the company’s success over the decades has been due to its unwavering focus on delivering superior value through innovative lending solutions, expertise, and positive experiences, which they achieve through daily practice of their core values: integrity, service, innovation, and expertise.
“We’re thrilled to partner with Centennial Lending and look forward to the benefits this new relationship will bring to our members,” said Dort Financial Credit Union VP of Lending Sharon Lobo. “Giving our members the choice to lease a vehicle through out indirect program is a great thing. Vehicle leasing in very popular here in Michigan. Our partnership with Centennial Lending helps us meet that need.”
Centennial Lending is a credit union service organization recently named the 2023 CUSO of the year. Established more than 20 years ago to meet the residential mortgage, commercial lending, and loan servicing needs of their partner credit union’s members, they now provide service to more than 100 credit unions as well as the general public; Their expert staff is representative of a variety of backgrounds and boasts decades of experience in the residential mortgage, commercial lending, banking, and marketing industries. They are passionate about their commitment to their credit union partners and thrive on helping their customers achieve their financial goals.
Founded in 1951, Dort Financial Credit Union serves more than 100,000 members, with assets over $1.4 billion and ten locations. Membership is open to anyone who lives, works, attends school or worships in the state of Michigan. The credit union offers comprehensive financial services, including auto loans, mortgages, high-interest checking accounts and much more. Dort Financial prides itself on having fulfilled members’ dreams and supporting community for over 70 years. Learn more at dortonline.org or by calling 800-521-3796.
To learn more about Centennial Lending and its services, visit www.centennial-lending.com. To learn more about Dort Financial Credit Union, visit www.dortonline.org.
