CU AutoBids, LLC (“CUAB”) is a wholly owned Joint Venture between AutoBidsOnline, LLC in Dallas, Texas and Value Innovators, LLC in Austin, Texas.
CUAB management is made up of finance and automotive industry veterans with 100+ years experience. We understand financial institutions, automotive sales, dealerships and the challenging and competitive environment they operate in. Our vision is to develop the easiest, most competitive vehicle buying experience for credit union members and dealers. We are a customer centered organization that has built its reputation on quality, agility, service and support.
CUAB is jointly operated out of Dallas and Round Rock, TX (near Austin)
Shannon McCaig, CEO
Shannon is a co-founder of AutoBidsOnline.com and has 20 years’ proven experience in consumer finance and automotive lending. He specializes in strategic business analytics and operations management and will jointly manage CU AutoBids with president Tim Kelly.
Prior to joining AutoBidsOnline in 2009, Mr. McCaig was a senior level executive with CitiFinancial Automotive from 2001 through 2008.
Shannon is a graduate of Texas Tech University and holds an MBA from Baylor University.
Tim Kelly, President
Tim has over 20 years experience delivering solutions to financial institutions. Most recently Tim was the CEO of Teres Solutions. After the acquisition of Teres by CRIF S.p.A he was promoted to President of CRIF Lending Solutions where he led the company through multiple acquisitions and integration.
Mr. Kelly also served as vice president of business development for Harland Financial Solutions’, UltraData-Enterprise system. During his 10 year tenure with the company, he spearheaded key sales initiatives and contributed significantly to profitability and growth. Harland Financial’s marquee technology solution, the UltraData-Enterprise system, is one of the leading credit union core systems in the industry.
Tim holds a Bachelor of Business Administration degree from Texas State University (1983).
Richard Epley, Director
Richard has served as President of Auto Financial Group since he founded the company in 1999. His vision for a scalable business model that utilized technology to facilitate transactions was realized in Driving Sense™, AFG’s residual-based finance product that allows credit union members to customize a vehicle, compare payments with a loan calculator and access electronic loan documents. Mr. Epley continues to be responsible for AFG’s daily operations.
Over the past decade with AFG, Richard has developed an understanding of the needs of credit unions and their members. His experience and knowledge have been instrumental in developing products that meet those needs.
Prior to founding Auto Financial Group, Mr. Epley originated residential loans for Republic State Mortgage in Houston, Texas. As a loan officer in 1999, he increased his production to over ten million dollars in just nine months. He is a Carousel Board Member for the Texas Children’s Hospital and a Life Member of the Houston Livestock Show and Rodeo. Mr. Epley received a B.A. in Economics from the University of Texas at Austin in 1995.
Dan Chaney, Director
Most recently, Dan co-founded Teres Solutions, the leading loan origination system for credit unions in United States. At Teres Solutions, Dan architected intuitive solutions to meet market needs efficiently and rapidly. Dan helped grow the company to more than 200 lenders.
As founder and CEO of DSC Enterprises in Portland, Oregon, Mr. Chaney brings invaluable corporate management experience. Under Mr. Chaney’s leadership, DSC Enterprises developed a client base that included Intel, Pfizer, Hewlett Packard, and Epson and expanded from its Portland corporate headquarters to several other locations in the state of Oregon. After selling the business in 1998, Mr. Chaney moved to Austin where he became a Senior Project Manager and Senior Consulting Manager at Trilogy Software.
Mr. Chaney continued to develop his knowledge of corporate infrastructure through the successful deployment of multiple large-scale Enterprise Resource Planning projects for Fortune 500 companies such as Goodyear, Reynolds & Reynolds, and VWR.
Steve Maloney, Director
Steve has over 20 years of experience in the Information Technology field addressing issues specific to the financial services industry. Most recently Mr. Maloney was a co-founder of Teres Solutions the leading loan origination system for credit unions in the United States. As the Executive Vice President at Teres, Mr. Maloney led the sales effort, account management and was part of the senior management team.
Prior to founding Teres, Mr. Maloney served as head of the Information Technology Group at Velocity Credit Union (formerly Austin Metropolitan Financial Credit Union). During his tenure at the credit union, Mr. Maloney’s philosophy of building strategic partnerships with other companies and credit unions in order to maximize potential growth opportunities assisted with the growth of the credit union from a $72 million to over $300 million institution. The programs he implemented included internet banking and bill payment, voice response, ATM systems, debit cards, E-statements, and e-mail account alerts. In addition, by working closely with MasterCard and Pulse, Mr. Maloney established the first Debit Card Rewards Program in the nation.
Jeff Cook, Director
Jeff co-founded the parent company of AutoBidsOnline in January 1999. A graduate of the University of Oklahoma, with a BBA in Management Information Systems, Jeff has 20+ years’ experience developing data based software solutions in a variety of industries, including automotive sales and leasing and direct and indirect lending. He is presently a three term member of the National Board of Directors of the National Vehicle Leasing Association and publisher of The Ruggles Report.
Mr. Cook also serves as Chairman of the Pintail Youth Ranch; a Texas 501(c)(3) non-profit dedicated to providing important recreational, social and learning experiences for financially or socially disadvantaged male youths from single-parent and no-parent households. Founded in 1999, Pintail helps teach troubled youths to be productive, capable and confident citizens.
Michael Truscott, Director
Mike is a graduate of the University of Oklahoma with a BBA in Management Information Systems. He is responsible for the development and management of CyberTRAC, AutoBidsOnline Fleet Purchasing System and CUAutoBids.com.
Prior to joining CyberCalc in 2001, Mr. Truscott spent the previous five years designing and developing wireless and browser based solutions for the transportation, finance, energy, and medical industries.
Mike began his professional career at American Airlines and has since developed leading edge applications for clients such as Nation’s Bank, Siemens and Raytheon.