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Credit union to open lot to sell cars

PLEASANT GROVE (Deseret News) — Family First Federal Credit Union has announced it will open a car lot beginning Saturday adjacent to its Pleasant Grove branch, 366 E. State St., with the lot being stocked with credit union-owned cars for sale.

More than 40 cars and some recreational property such as trailers and boats will be available.

Carin Maurer, the credit union's chief financial officer, said the credit union has a large inventory of credit union lease returns and repossession vehicles "that we are looking to move."

The credit union has hired three full-time employees to staff the car lot.

Buyers do not need to be a member of the credit union. If financing is needed and secured through the credit union, customers will need to open up a $25 savings account to become a member.

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