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Space City Credit Union leads industry shift towards increased direct auto loan volume with launch of FREE online auto marketplace for members

AUSTIN, TX (February 14, 2014) — Space City Credit Union is scheduled to launch Members Private Sale™ 2.0 — the industry’s only FREE auto marketplace for credit union members, Friday, February 14th throughout their locations in Houston, Texas. Members Private Sale (MPS) is a “software as a service” product designed as a lead generation system to provide credit unions with increased direct auto loan volume, leases and ancillary products such as extended warranties, GAP insurance and credit life and disability insurance for credit unions. For credit union members, it provides a fully-integrated vehicle listing with a free Auto Check report, auto-population of Kelly Bluebook data, showcase photos, condition report and social media integration for sales optimization. MPS also provides a guaranteed offer for sellers through a third party partner which provides members with an option to sell their car quickly at a fair price. Members Private Sale is the first FREE software tool of its kind and offers free setup and implementation (24 hours) throughout the remainder of 2014. Credit Unions interested in driving their direct auto loan programs are encouraged to contact MPS directly for a demonstration by visiting www.membersprivatesale.com.

As an early adopter of Members Private Sale, Space City Credit Union and has been instrumental in providing valuable feedback for product enhancements through the Beta release to help make MPS 2.0 a truly valuable tool for both credit unions and their members. “We’ve been excited about the opportunities this tool offers for both the credit union and our members”, says Craig Rohden, President and CEO of Space City Credit Union. “Ultimately, this is a terrific lead-gen tool for our loan officers, and provides us with an opportunity to engage our members directly”, he continues. “The social media integration provides us with a dialog and relevant content to drive member-to-member engagement that was missing before. We look forward to the launch and the positive response from both our members and our bottom line.”

“We’re grateful to Mr. Rohden and his staff at Space City Credit Union for their leadership and involvement with this updated release”, states Members Private Sale CEO, Steven Keys. “A robust product such as Members Private Sale requires attention to detail and multiple layers of consideration for both clients – the credit unions and their members”, he continues.  “It’s a challenge to address the functional needs of both in a simplistic way, but we’re very confident we have accomplished this and look forward to deploying to credit union chapters across the nation as we know there is a need to fill both the direct loan volume and private sale gap in the marketplace.” Members Private Sale plans to roll out MPS 2.0 to Credit Union Chapters in the greater Texas region throughout 2014 and gradually expand nationally based on market response.

About Space City Credit Union

Chartered in 1965, Space City Credit Union has been serving the employees and family members of companies such as Stewart & Stevenson, General Electric, McCall Group, and Rex Supply. Space City CU proudly represents more than 100 companies. Today, Space City CU has $64 million in assets and approximately 8,400 members. Member owned and operated means honest services at outstanding value. Our member elected board of directors assures the integrity and fairness of all our products and services. For more information, please visit www.SpaceCityCU.com.

About Members Private Sale

Members Private Sale (MPS) is a “software as a service” product designed as a lead generation system to provide credit unions with increased direct auto loan volume, leases and ancillary products such as extended warranties, GAP insurance and credit life and disability insurance for credit unions. For credit union members, Members Private Sale provides a fully-integrated vehicle listing with a free Auto Check report, auto-population of Kelly Bluebook data, showcase photos, and social media integration for sales optimization. MPS also provides a guaranteed offer for sellers through a third party partner which provides members with an option to sell their car quickly at a fair price. Founded by executives with decades of experience in the auto, credit union and technology industries, Members Private Sale is easy and fun to use, and provides credit union members with the opportunity to buy and sell automobiles from other credit union members at the best price: the private sale price. Members Private Sale is the first FREE software tool of its kind, and offers free setup and implementation (24 hours) throughout the remainder of 2014. Additionally, training, marketing and member awareness is accomplished through customized, pre-designed programs and marketing assets provided by Members Private Sale at no additional charge making implementation simple and straightforward. Credit Unions interested in driving their direct auto loan programs are encouraged to contact MPS directly for a demonstration by visiting www.membersprivatesale.com.


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