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.”