FI showroom red and grey logo
MenuMENU
SearchSEARCH

DealerTrack Adds Compass Bank to Lender Line-Up

by Staff
June 16, 2003
2 min to read


Compass Bank, a subsidiary of Compass Bancshares, Inc., has announced it has

joined the list of lending institutions utilizing the DealerTrack™ auto finance platform.

Ad Loading...



According to DealerTrack, Compass Bank will accelerate its dealer-to-lender relationships by making its lending services

available to its dealers on the DealerTrack auto finance platform.



Compass Bank had previously been a participant on Credit Online's CreditConnection®

network. Following DealerTrack's recent acquisition of Credit Online, Compass Bank has now

migrated to the DealerTrack platform.

Ad Loading...



According to the company, Compass Bank's dealer customers who use DealerTrack are now able to electronically submit

credit applications to the lender. Dealers can also use the platform to monitor changes in

application status, share information instantly with lenders on the system and access credit

reports. In addition, DealerTrack now offers dealers the ability to integrate with leading dealer

management systems.

Ad Loading...



"We see true value in the automation of our financing process through the use of the

DealerTrack platform," said Kurt Lettow, senior vice president of Compass Bank. "DealerTrack's

leading-edge functionality, combined with its extensive representation of the dealer community, was

critical in our strategic decision to adopt the platform. Our dealer customers are thrilled that

we've joined as well."

Ad Loading...



"Compass Bank is yet another top-quality lender to join the DealerTrack family from the

CreditConnection platform," said Mark O'Neil, DealerTrack president and chief executive officer.

"We look forward to creating real benefits in the lending process for both Compass Bank and its

dealer customers as they make the transition to the DealerTrack platform."



About DealerTrack

Ad Loading...

With over 20,000 dealers and over 30 lenders currently connected, DealerTrack is an independent Web-based platform that automates and accelerates the entire

dealer-to-lender relationship, from financing to daily information sharing. The DealerTrack suite

of products includes credit application processing, credit bureau access, electronic contracting

and lease comparisons - all in one integrated solution. Additionally, the DealerTrack

platform features integration with top dealer management systems for credit application processing

Ad Loading...

and credit bureau access. More information on DealerTrack is available at www.dealertrack.com or

by calling 877-357-8725.


About Compass Bank

Compass Bank is a subsidiary of Compass Bancshares, Inc., a Southwestern financial holding

company with $24.3 billion in assets and 355 full-service banking offices in Alabama, Arizona,

Ad Loading...

Colorado, Florida, New Mexico and Texas. Compass Bancshares is among the top 40 U.S. bank holding

companies by asset size and ranks among the top earners of its size based on return on equity. The

company says its earnings per share have increased for 15 consecutive years and dividends per share have

increased for 22 consecutive years.




Topics:Digital

More Digital

Mechanic's hand on digtial device screen next to a car
Digital•October 30, 2026

Fixed-Ops Automation Can Help Dealerships Stand Out

Technology turns everyday service repairs into lasting customer loyalty and dealer profitability.

Read More →
LIght trails with nighttime cityscape in background
Digital•October 26, 2026

AI and the Auto Dealer

These are risks you can’t ignore as the technology becomes more and more of a presence in the auto retail environment.

Read More →
Four people sitting at desk with various phones and laptops. Bar graph pictured on computer.
Digital•by Lauren Lawrence•October 26, 2026

Data Drives Success

Dealerships that make decisions based on data rather than gut instinct or experience have a leg up on their competitors, according to a recent survey.

Read More →
Ad Loading...
Laptop computer on a desk with a notepad and pen next to it and a whiteboard in the background
Digital•by Rick McCormick•October 15, 2026

AI: Facilitator, Not Fixer, in F&I

The dealerships that thrive in the years ahead will be those that embrace technology while continuing to invest in the people who make customer interactions count.

Read More →
Person at laptop with green-colored code on the screen
Digital•by Hannah Mitchell•October 5, 2026

Simple But Effective Hacking Surges

Data from the past year at U.S. auto dealerships finds that email and identity phishing are growing threat sources that can dispense with malware by exploiting trust.

Read More →
Mechanic's hand working in car engine
Digital•September 10, 2026

The Future of Car Dealerships

Artificial intelligence is reshaping the service-drive experience and will help retailers stay competitive.

Read More →
Ad Loading...
newspaper advertisement circled in pink, Turn Listings into Leads, F&I and Showroom
Digital•by Lauren Lawrence•August 5, 2026

Structure Leads to Optimized Auto Listings

As the average car-buying journey has shifted to a blend of digital and retail, a dealership’s vehicle listings must be optimized to answer shoppers’ questions clearly and accurately.

Read More →
Photo of two businessmen shaking hands next to a white car in a showroom
Digital•by Hannah Mitchell•August 3, 2026

Real Intelligence

AI, though it presents many opportunities for productivity, efficiency and more, isn’t a one-for-one stand-in for people. It can augment human capital but not replace it altogether.

Read More →
Photo of man's hand on laptop keyboard on a desk
Digital•by Staff•June 16, 2026

Zurich Launches Advisor IQ for F&I Manager Coaching

The new platform uses real transaction data and artificial intelligence-driven insights to help car dealerships improve consistency and performance.

Read More →
Ad Loading...
Adapting to Digital For a convenient and trustworthy experience, F&I and Showroom
Digital•June 1, 2026

F&I in the Digital Age

Digital retailing has not made the F&I manager obsolete. If anything, it has revealed how valuable the role can become when technology is used correctly.

Read More →