Founded in 1988, CULA is the acknowledged leader in indirect vehicle leasing for credit unions. We originated our first indirect lease in 1994. Working through the economic cycles and trends in vehicle leasing since then, CULA has pioneered programs, policies and technologies to perfect our program specifically for credit unions.
CULA was instrumental in the creation of NCUA CFR714, establishing standards for credit union leasing programs in 2001. Along the way CULA has built a loyal credit union customer base and member following. We are proud that our longest, current, credit union relationship spans over 21 years.
We believe that a company is only as good as its people. We have an extremely experienced and competent team. Innovation, growth, and customer orientation are the hallmarks of our business philosophy.
CULA was acquired by Westlake Financial Services, a member of the Hankey Group, in 2017. Our new ownership will dramatically bolster our financial strength and our technology base. Whether you are a prospective credit union or a prospective employee the future is very bright at CULA – contact us for how you may join in our success!