United Nations Federal Credit Union joins the GrooveCar program
Members’ US auto needs enhanced by new platform
HAUPPAUGE, NY (May 9, 2016) — United Nations Federal Credit Union (UNFCU), headquartered in Long Island City, N.Y., has partnered with GrooveCar to provide its members in the United States with an online, automotive research and buying program. UNFCU members seeking to purchase or lease cars at local dealerships in the United States now have access to a host of online products and services, including real-time data, reports and virtual images to enhance their car buying experience.
“By adding the GrooveCar platform to our website, we’ve made the process of researching and purchasing a new or used car easier for members in the US. It’s now a one stop shop,” said Sarah Klinger, Vice President of Retail, Lending and Servicing at UNFCU.
Through the GrooveCar program, UNFCU provides its members in the US greater access to:
- Search tools for new and used vehicles available at local US dealerships
- A comparison tool to explore options side-by-side
- Used car reported history via CarFax reports
“We are pleased to provide UNFCU members in the US with the tools and information that can help them find the car that’s right for them,” said Robert O’Hara, Vice President of Strategic Alliances at GrooveCar.
According to Cap Gemini, industry consultants, 97% of car buyers in the US research their purchases online before shopping, and mobile devices are driving this statistic. Industry analysts are also reporting a banner year for car buying in 2016. The economy is strong and the US auto industry is projecting to break more records. US auto sales in 2015 reached 17.5 million, reported the Wall Street Journal at year-end, surpassing earlier estimates by J.D. Power and Associates that sales would only climb to 13.83 million.
“It is no surprise car buying is being propelled by other factors including replacement demand of older vehicles and the surge of automotive buyers using their mobile devices regularly to shop, like never before,” added O’Hara.
GrooveCar, a Fusion AF company, has been providing full-service automotive loan growth solutions to credit unions since 1999. GrooveCar focuses on building strong, lasting relationships with credit union partners by ensuring they can capture loan volume without compromising the quality and integrity of their portfolio. GrooveCar’s knowledge of the credit union industry, combined with an expansive dealer network surpassing 4 million vehicles, enhances the ability of credit union partners to secure loans and leases while offering the guidance and knowledge that their members seek.Additional information on GrooveCar can be found at http://www.groovecarinc.com.
About United Nations Federal Credit Union (UNFCU)
UNFCU offers a full suite of banking products and services designed for the mobile lifestyle of the global UN community. Headquartered in New York, UNFCU was founded in 1947 by 13 UN staff members. Today, UNFCU has more than 100,000 members worldwide and is one of the 30 largest credit unions in the US with representative offices in Austria, Italy, Kenya and Switzerland. In 2015, UNFCU launched the UNFCU Foundation with a mission to sustain the path out of poverty through healthcare and education for women and children. Visit http://www.unfcu.org for more information about UNFCU’s products, services and commitment to social responsibility.