CFE Federal Credit Union Integrates with RouteOne LLC

Orlando-Based Credit Union First to Integrate Using Teres Solutions' SAIL Indirect Software

FARMINGTON HILLS, Mich., Jan. 23 -- RouteOne LLC announced today that CFE Federal Credit Union (CFE) has integrated with its credit application management system. CFE is the first finance source to integrate with RouteOne using Teres Solutions' SAIL Indirect software, which allows CFE to electronically tap into the RouteOne network to receive and manage auto loan applications, while expanding indirect lending opportunities.

CFE is an Orlando-based credit union with 12 offices in Orange, Osceola, Lake and Seminole Counties. CFE serves over 110,000 members and holds $1 billion in assets. Additionally, they serve more than 900 select employee groups in Central Florida.

RouteOne, a collaborative effort by DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services, provides a single point of access for dealer credit applications to some of the largest auto lenders and banks in North America. RouteOne's web- based system offers dealers the opportunity to exchange credit application and credit decisions in near real time.

"We are pleased to be able to offer our dealers the increased efficiencies that RouteOne's web-based system provides," said Joseph A. Melbourne, Jr., President and CEO of CFE.

"We welcome CFE to our list of available finance sources," said Mike Jurecki, RouteOne CEO. "We are committed to expanding our finance source reach to make the financing process easier for dealers and their customers."

About RouteOne

RouteOne was formed in 2002 to create a more streamlined credit application process for automobile dealers and their customers. Jointly owned by DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services, RouteOne also provides a single point of access for dealer credit applications to some of the largest auto lenders and banks in North America. RouteOne offers dealers a common platform for submitting credit application information to the multiple finance sources with which they do business. Automotive dealers and their finance sources can exchange credit application and credit decisions in near real-time using RouteOne's web-based network. More information is available at http://www.routeone.com/.

About CFE Federal Credit Union

CFE Federal Credit Union, founded in 1937 as Central Florida Educators' Federal Credit Union, currently serves more than 110,000 members and holds over $1 billion in assets. Membership eligibility includes Orange County and Osceola County public and private school employees, teachers, students and family members; Lake County and Seminole County private school employees, teachers, students and family members; local organizations; other select groups and family members; and select underserved communities, where all people who live, work, worship or attend school, as well as businesses and legal entities may join. Learn more about CFE at http://www.mycfe.com/.