LAS VEGAS — CUDL (CU Direct Corporation), the nation's largest point-of-sale and indirect lending network for credit unions reported high penetration numbers for its AutoSMART program and Web site www.cudlautosmart.com. CUDL announced that AutoSMART reached a record number 453 credit unions and 3,959 auto dealer participants representing some 15 million members.

During the 9th Annual Auto Lending Symposium here yesterday CUDL said the number of online CU member/visitors to the site was over 39,000 for three months running and inventoried vehicles posted to the site by dealers hit an all time high of more than 272,000 units in May.

The company also unveiled a number of new enhancements to the AutoSMART site including an HTML free-flow message board, allowing CUs to post their own content directly to their own branded AutoSMART site; the ability to post repossessions directly to the vehicle inventory seen on the site; and a new car build option, which provides members the ability to begin building their new automobile by vehicle category, such as SUV, sedan, truck or convertible.