Dear Members:

I’m excited to share a major milestone in Corporate One’s commitment to delivering innovative liquidity solutions for credit unions. We have successfully closed our first multi-seller prime auto loan securitization—a $335 million transaction that marks our entry into the auto asset-backed securities (ABS) market. 

This achievement is more than a transaction—it’s a breakthrough. Our Multi-Seller Prime Auto Securitization Program empowers credit unions to access the capital markets efficiently and affordably. By aggregating prime auto loan collateral from multiple credit unions, we create institutional-scale execution by bringing capabilities once reserved for the largest financial institutions. 

What does this mean for your credit union? 

• Enhanced Liquidity: Convert auto loan portfolios into cash to strengthen your balance sheet and support member lending.
• Risk Management: Transfer the majority of credit risk to investors and align with regulatory guidance.
• Growth Opportunities: Enhanced ability to compete in the auto‑lending space through access to a wide range of investors, reducing dependence on conventional funding channels that can be more restrictive and less reliable.

Historically, only the largest financial institutions could leverage securitization. Today, we’re leveling the playing field—giving more credit unions the ability to accelerate growth and manage liquidity with confidence. 

Our inaugural transaction, featuring Wright-Patt Credit Union, Everwise Credit Union, and Day Air Credit Union, drew robust investor interest. Building on this success, we aim to deliver two to four deals each year, creating a consistent and reliable liquidity channel for prime auto loan originators. 

If you’d like to learn more about participating in future transactions or how this program can benefit your credit union, please reach out to your Corporate One Senior Investment Representative or visit our Multi-Seller Prime Auto Securitization Program page. I also encourage you to read this Q&A with Tammy Cantrell, EVP, Chief Product Strategist, for an inside look at this new offering.  

We look forward to our members’ continued partnership as we work together to create innovative solutions that strengthen the credit union movement. 

Best,