Who is eligible to purchase a repossessed vehicle from Founders Federal Credit Union?
Founders Federal Credit Union does not allow the sale of any repossessed collateral to an employee, officer, director or their close relatives. The Credit Union defines close relatives as Spouse, Parents, Child (adopted, foster or legal ward), Siblings, Grandparents, Grandchildren, Aunts, Uncles, Nieces, Nephews, or Domestic Partner, including all such relationships that exist through marriage or domestic partnership (i.e. step-, half-, and in-laws).