Business & Tech

CU Xpress Lease Expands Into Upstate NewYork

Hauppauge-based lease resale center adds credit unions, dealerships to its network.

Hauppauge-based CU Xpress Lease announced Wednesday it has added credit unions and dealers to its network, expanding into upstate New York.

e, an affiliate of credit union aggregator , formed a new relationship with Sunmark Federal Credit Union, adding to its list of financial offices offering leases to clients. Sunmark Federal Credit Union serves more than 43,000 members in Albany, Glenville, Schenectady and Clifton Park communities.

In addition, CU Xpress Lease added New County Motor Car Group in Saratoga Springs to its growing dealer network. New County sells Ford, Mazda, Subaru, Scion, Lexus and Toyota vehicles from multiple locations in Saratoga Springs, Latham and Mechanicsville.

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"Sunmark is our first upstate credit union entry,” said CU Xpress Lease Vice President Frank Rinaudo in a press statement, “and certainly not the last as we expand our footprint far and wide. And, with a formidable dealership like New Country coming on board too, we are well on our way.”

CU Xpress Lease opened its first 50,000-square-foot in November 2010.

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