Mission Federal Credit Union's CUSO Acquires Autoland


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SAN DIEGO--July 10, 2013: Mission Federal Credit Union's CUSO (Credit Union Service Organization) announced that it has acquired Autoland Inc., a national car buying service provider, from the National Credit Union Administration. NCUA is the liquidating agent for Telesis Community Credit Union, which previously owned Autoland.

“I have been working with the team at Mission Federal for many years, and they are a lot like we are hardworking, service-oriented people who are dedicated to the success of their customers”

"This is a first in Mission Federal's history, and represents a tremendous step forward for both Mission Federal and Autoland," said Debra Schwartz, President and CEO, Mission Federal. "As with all of Mission Federal's decisions, this one was also based on what's best for our membership, employees, and credit union growth."

Founded in 1971 on the premise that people deserve a better service experience, Autoland, a national car buying service provider, has executed outstanding service not only to Mission Federal members, but to hundreds of thousands of credit union customers in 16 states across the country.

"I have been working with the team at Mission Federal for many years, and they are a lot like we are--hardworking, service-oriented people who are dedicated to the success of their customers," said Jeff Martin, President of Autoland. "We are excited about the growth potential this opportunity provides for our employees and customers."

About Mission Federal Credit Union:

Mission Federal Credit Union is a progressive, member-owned, not-for-profit financial institution providing high quality financial and related services to meet the needs of a growing and diverse membership base. With assets exceeding $2.3 billion, 23 local branches, and more than 160,000 members, Mission Federal is the second largest credit union in San Diego County. Mission Federal enhances the lives of its members through outstanding customer service and lifelong financial services. In addition, Mission Federal strives to be a community partner of choice by contributing to hundreds of local non-profit organizations, with a focus on financial literacy and educational programs. At Mission Federal, Your Success is our Bottom Line.

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