(Portland, Oregon) TitleAuctions announced today that credit union members and consumers have viewed detailed descriptions of credit union repossessions more than 1.2 million times over the last 24 months. In addition, the company reported that 50 percent of the credit union vehicles remarketed on the TitleAuctions platform have sold to a credit union’s own members, and 50 percent have sold to members of neighboring credit unions, often times out-of-state.

The strong member traffic and the broad geographic sales reach to out-of-state members are key indicators that TitleAuctions and its credit union clients have taken the first steps toward creating a robust retail sales environment for the credit union movement.

“TitleAuctions is delivering the software, but it’s our credit union clients that deserve the kudos for creating an increasingly productive trading environment. They’ve done a wonderful job of marketing their repos to their own members, and it’s largely word-of-mouth that’s driving the growth in online traffic and sales,” said Mark Coleman, President of TitleAuctions.

About TitleAuctions Inc.
TitleAuctions is a leading provider of hosted affinity-based retail vehicle remarketing platforms. TitleAuctions is a privately held company based in Portland, Oregon. For more information visit www.titleauctions.com. To browse and bid on credit union vehicles for sale, go to www.cuauctions.com. Contact TitleAuctions via e-mail at info@titleauctions.com, or by phone at (877) 223-5806.

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Learn More. E-mail info@titleauctions.com or call 503-344-5001.