It was a record year at Origence.

The CU Direct brand and technology solutions provider announced on Tuesday that it had delivered a record amount of auto financing for credit unions through its platforms in 2021.

The company said credit unions funded 2.2 million installment contracts through the Origence Lending 360 and CUDL platforms, generating a record $57.4 billion in credit union paper in 2021, surpassing the company’s record $43.5 billion in contracts funded in 2020.

The company has grown from nine shareholders in 1998 to 115 shareholders in 2021.

Executives highlighted the CUDL auto finance network helped credit unions fund a record $46.9 billion in auto paper in 2021, while CUDL credit unions, as an aggregate, were the largest auto finance provider in the nation in 2021, experiencing 13% growth, according to data from AutoCount. 

The company added that the CUDL Network expanded to include 16,000 dealers nationwide in 2021.

Origence signed new agreements with 38 credit unions in 2021. At year’s end, 1,157 credit unions, serving 64 million members were utilizing Origence’s technology solutions, including its CUDL and Lending 360 lending platforms, Origence marketing automation platform and AutoSMART auto shopping program.

“Credit unions continue to demonstrate their ability to excel at member service efficiency to compete and win in the lending marketplace,” said Tony Boutelle, president and chief executive officer of Origence.

“Our commitment to the success of our credit union partners and their members remains front and center,” Boutelle continued in a news release. “We remain focused on delivering innovative lending technology that helps our credit union partners make more loans and create a better member experience.”