Credit Union Leasing of America (CULA), the nation’s leading provider of indirect vehicle leasing solutions for credit unions, announced a partnership with Pennsylvania State Employees Credit Union (PSECU), one of the largest credit unions in Pennsylvania, to offer vehicle leasing to PSECU’s more than 545,000 members.
Through CULA, PSECU members in Pennsylvania will now have access to the benefits of vehicle leasing, including lower monthly payments, flexible terms, and access to a broad network of participating auto dealers. These benefits will also be available to PSECU members in Ohio as the program is scheduled to expand to its neighboring state in the months to come.
“Our partnership with PSECU reflects the growing demand among credit unions for leasing solutions that help members manage the rising costs of vehicle ownership.,” said Ken Sopp, President of CULA.
According to the latest Cox Automotive Car Buyer Journey Study (January 2026), affordability pressures are reshaping buyer behavior as record-high vehicle prices drive increased interest in leasing.
“This partnership with CULA allows us to expand into a new segment of the auto market while continuing to serve our members’ evolving financial needs, especially in today’s challenging economic environment,” said Homer Renteria, chief revenue & lending officer of PSECU. “And because CULA’s analytics-driven program handles the complexities of leasing – from insurance to compliance – we are able to efficiently and easily diversify our portfolio and increase our members’ access to more affordable auto financing options – all while meeting targeted yields.”
CULA currently supports vehicle leasing in 34 states and works with more than 40 credit unions, including nine of the top 10 U.S. credit unions offering vehicle leasing.
