U.S. Bank, a division of U.S. Bancorp, has announced it has joined the list of
lending institutions utilizing the DealerTrack™ auto finance platform. U.S. Bank says it will accelerate
U.S. Bank, a division of U.S. Bancorp, has announced it has joined the list of
lending institutions utilizing the DealerTrack™ auto finance platform. U.S. Bank says it will accelerate
its dealer-to-lender relationships by making its lending services available to dealers currently
utilizing the DealerTrack auto finance platform.
U.S. Bank had previously been a participant on Credit Online's CreditConnection® network.
Following DealerTrack's recent acquisition of Credit Online, U.S. Bank has now migrated to the
DealerTrack platform - providing its dealer customers with access to the best of both worlds.
U.S. Bank's dealer customers who use DealerTrack are now able to electronically submit loan and
lease 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 low-cost
credit reports. In addition, DealerTrack says it now offers dealers the ability to integrate with leading
dealer management systems.
"U.S. Bank considers DealerTrack a true and established leader in the electronic auto financing
market," said Tom Wirth, senior vice president of U.S. Bank. "We welcome the combination of
CreditConnection and DealerTrack functionality and are encouraged by the larger pool of dealer
customers available on the platform. We believe the level of service we will be able to offer our
dealers through DealerTrack is critical to our continued success in this area of our business."
"We are proud to welcome U.S. Bank to the DealerTrack family," said Mark O'Neil, DealerTrack
president and chief executive officer. "We know that U.S. Bank has seen a significant return on
its electronic finance application investment through its use of CreditConnection, and we
anticipate similar positive returns for both U.S. Bank and its dealer customers as they make the
transition to the DealerTrack platform."
About DealerTrack
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 and
credit bureau access. More information on DealerTrack is available at www.dealertrack.com or by
calling 877-357-8725.
About U.S. Bank
U.S. Bancorp, with assets in excess of $182 billion, is the 8th largest financial services holding
company in the United States. The company operates 2,200 banking offices and 4,582 ATMs, and
provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and
payment services products to consumers, businesses and institutions. U.S. Bancorp is home of the
Five Star Service Guarantee which assures customers of certain key banking benefits and services or
customers will be paid for their inconvenience. U.S. Bancorp is the parent company of U.S. Bank.

Technology leaders from Hyundai Motor Group will have open discussions at the inaugural HMG Tech Talent Forum on topics ranging from autonomous driving to 'smart' manufacturing.
Read More →
Dealers are facing growing frustrations with current generic artificial intelligence tools, according to a survey by Lotlinx, which found they want a solution that understands their inventories.
Read More →
The firm's F&I Insight tie-up with The Impact Group’s ImpactMenu platform is designed to enhance finance-and-insurance transaction recording for auto dealerships.
Read More →
Advancements with Reynolds' AI Agent, Rey, will take center stage this August at the Park Hyatt Aviara in Carlsbad, Calif., near San Diego.
Read More →
A new Atlanta location on Reynolds and Reynolds' docuPAD e-contracting system is designed to broaden access for auto professionals.
Read More →
Company says on-demand access to F&I specialists is shown to boost dealership efficiency and profitability.
Read More →
The quickest way to turn a breach into a crisis is to wing it. Follow this seven-step playbook to ensure you meet your obligations.
Read More →
Hack exposed thousands of dealerships’ customer data
Read More →

Study finds recognition of its usefulness, but franchisers are treading sometimes confusing waters carefully
Read More →