Indirect vehicle leasing service company for credit unions adds Mason Trullinger as Vice President of Residual Value Risk Management
San Diego – April 5, 2017 – Credit Union Leasing of America (CULA), the leader in indirect vehicle leasing, specializing in the development of vehicle leasing programs for credit unions, welcomes Mason Trullinger as Vice President of Residual Value Risk Management. In that role, he is responsible for residual value setting, risk management and market analytics. Trullinger will report to CULA Chief Executive Officer John Thomas.
Trullinger comes to CULA with more than 12 years of experience in the automotive industry focused on forecasting residual values. Prior to joining CULA, Trullinger spent three years with Toyota Financial Services, where he played a key leadership role in the company’s risk group managing a $40 billion lease portfolio. His role grew to include an advisory role to marketing, product planning, pricing and incentive groups, promoting residual value best practices. Prior to Toyota Financial Services, Mason spent nine years at ALG, Inc.
“We see an evolution occurring in the indirect vehicle leasing industry and think that now is the time for credit unions to take advantage of this sustainable growth opportunity. Adding exemplary professionals such as Mason strengthens our ability further as we serve more credit unions that want to grow their portfolios and offer their members a new service,” says CULA CEO John R. Thomas. “In the short time Mason has been with us, he has demonstrated the skill, leadership and camaraderie we look for at CULA. He is already a valued member of the CULA team.”
Trullinger says he’s excited to join the CULA family. “This company invented the credit union leasing space and I look forward to leveraging my experience on both the captive and guidebook side of the leasing industry to help grow and manage CULA’s lease portfolio. There is no better time for credit unions to add an indirect vehicle leasing program.”
CULA works predominantly with large credit unions that are looking for smart ways to diversify their portfolio of assets with higher-performing options. According to Thomas, auto leasing offers a higher yield and brings much-appreciated value to credit union members.
CULA continues to expand its team based in San Diego. For information on open positions contact CULA directly.
About Credit Union Leasing of America (CULA)
Now in its 29th year, CULA is a smart and reliable choice in indirect vehicle leasing for credit unions. CULA pioneered The Simply Perfect Lease, a low risk, high value leasing program for credit unions supported by stellar customer service and proven systems that make vehicle leasing a win for credit unions, auto dealers and credit union members. With its deep regulatory knowledge and understanding of the credit union model, CULA maintains long-term business relationships with top-tier credit unions throughout the U.S. that want to offer the gold standard in auto leasing programs to their valued members. Visit us on LinkedIn.