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SMART SOLUTIONS FOR SMART GROWTH.

PRODUCT DUE DILIGENCE
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COMPLIANCE RISK ANALYSIS
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CU Auto XL Protection Product Due Diligence

What's in your auto loan portfolio?

Whether you are directly offering protection products to Members, or providing additional funding for protection products sold by dealerships, due diligence services are critical to document your efforts to ensure members are treated fairly and protection products perform. ​CU AutoXL works with vehicle finance providers to establish policies and procedures for vetting protection products approved for additional financing. 

CU Auto XL Risk Assessments include a comprehensive review of existing auto lending operational policies, processes and compliance management documentation. Clients are provided with a report of the review together with recommendations for best practices. Designed to minimize consumer protection related compliance and litigation risks, and to provide preparation for regulatory examinations or investigations, a CU Auto XL Risk Assessment can be a valuable addition to your Compliance Management System.

Vendor Management & Special Projects include Credit Union vendor contract review and negotiation; vendor management policy and process development; regulatory examination or investigation response assistance; operations and compliance management process design; and customized compliance training for executives, management and employees.​


Common CU Auto XL compliance special project topics include Protection Product Policies & Management; Indirect Auto Dealer Policies & Due Diligence, and Product Marketing, Dealer Marketing and Vendor Management Training.

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