Former CU Direct executive brings 30 years of industry experience to national auto refinancing company
(Centennial, CO, March 20, 2019) – iLendingDIRECT, a national leader in automotive refinancing, has hired veteran credit union industry executive John Carrington. Formerly the Senior Vice President of Sales for CU Direct Corporation (CUDL), Carrington is now the Senior Vice President of Market Strategy for iLendingDIRECT.
Carrington brings more than 30 years of experience in the automotive finance industry. During his 17 years with CU Direct, Carrington worked with more than 1,100 credit unions and 14,000 automotive dealers in all 50 states. Prior to that, he held various management positions with United Auto Credit Corporation, Charter One Bank, MS Financial, BayBank of Boston, and General Motors Acceptance Corporation.
As SVP of Market Strategy, Carrington is excited to strengthen iLendingDIRECT’s ties to the credit union industry. “I believe that iLendingDIRECT has a very valuable offering for credit unions. When you talk about strengthening membership and growing your base, you need to be able to offer a variety services to your clientele,” explained John. iLendingDIRECT provides its credit union partners with new members at a low cost through its refinancing services, as well as providing manpower to the credit union’s refinancing offerings.
“There are many reasons that we love working with credit unions, including being able to offer lower interest rates for our customers,” says iLendingDIRECT President & CEO, Nancy Fitzgerald, “but the number one reason is that our core values are so aligned—we are families helping families, providing smart financial solutions that save people money and help improve their financial health.” Like credit unions, iLendingDIRECT believes in people over profit. Under Carrington’s direction, the company is eager to explore new opportunities that help credit unions and their membership base.
Founded in 2006, iLendingDIRECT is a national leader in automotive refinancing. Through strategic partnerships with credit unions, banks, and other financial institutions nationwide, the company offers competitive interest rates on auto loans and creative financing solutions to thousands of consumers a year. iLendingDIRECT is a Better Business Bureau® Accredited Business and maintains an A+ rating. The company also won first place in the 2018 BBB Torch Awards for Business Ethics in the large business category for demonstrating the highest level of credibility, trust, and transaction excellence while saving people money.