# EDGAR Filing Document

**Accession Number:** 0001947965
**File Stem:** 0001539497-25-001968
**Filing Date:** 2025-7
**Character Count:** 17189
**Document Hash:** 573bc3eb318383530497eddaf57369e5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001539497-25-001968.hdr.sgml**: 20250723

**ACCESSION NUMBER**: 0001539497-25-001968

**CONFORMED SUBMISSION TYPE**: ABS-15G

**PUBLIC DOCUMENT COUNT**: 6

**CONFORMED PERIOD OF REPORT**: 20250723

**ITEM INFORMATION**: Findings and Conclusions of the Third Party Due Diligence Provider Obtained by the Issuer

**FILED AS OF DATE**: 20250723

**DATE AS OF CHANGE**: 20250723

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

**ABS ASSET CLASS**: Auto loans

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OCCU Auto Funding LLC
- **CENTRAL INDEX KEY:** 0001947965

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-06300
- **FILM NUMBER:** 251143627

**BUSINESS ADDRESS:**
- **STREET 1:** 2880 CHAD DRIVE
- **CITY:** EUGENE
- **STATE:** OR
- **ZIP:** 97408
- **BUSINESS PHONE:** 541-687-2347

**MAIL ADDRESS:**
- **STREET 1:** 2880 CHAD DRIVE
- **CITY:** EUGENE
- **STATE:** OR
- **ZIP:** 97408
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OCCU Auto Funding LLC
- **CENTRAL INDEX KEY:** 0001947965

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act

**BUSINESS ADDRESS:**
- **STREET 1:** 2880 CHAD DRIVE
- **CITY:** EUGENE
- **STATE:** OR
- **ZIP:** 97408
- **BUSINESS PHONE:** 541-687-2347

**MAIL ADDRESS:**
- **STREET 1:** 2880 CHAD DRIVE
- **CITY:** EUGENE
- **STATE:** OR
- **ZIP:** 97408
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OCCU Auto Funding LLC
- **CENTRAL INDEX KEY:** 0001947965

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-06300

**BUSINESS ADDRESS:**
- **STREET 1:** 2880 CHAD DRIVE
- **CITY:** EUGENE
- **STATE:** OR
- **ZIP:** 97408
- **BUSINESS PHONE:** 541-687-2347

**MAIL ADDRESS:**
- **STREET 1:** 2880 CHAD DRIVE
- **CITY:** EUGENE
- **STATE:** OR
- **ZIP:** 97408

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549** 

**FORM ABS-15G**

**ASSET-BACKED SECURITIZER<br> Report Pursuant to Section 15G of** 

**the Securities Exchange Act of 1934**

<br> Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:<br>[_] Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period _________________ to _________________

Date of Report (Date of earliest event reported)______________________

Commission File Number of securitizer: ____________________

Central Index Key Number of securitizer: ___________________

______________________________________________________________________

Name and telephone number, including area code, of the person to

contact in connection with this filing

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) [_]<br>Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) [_]<br>Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) [_]

[✔] Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

Central Index Key Number of depositor: <u>0001947965</u> 

<u>OCCU Auto Receivables Trust 2025-1</u> <br> (Exact name of issuing entity as specified in its charter)

Central Index Key Number of issuing entity (if applicable):<u>N/A</u> 

Central Index Key Number of underwriter (if applicable): <u>n/a</u> 

<u>Dave Schiffer, (541) 687-2347</u> <br> Name and telephone number, including area code, of the person to <br> contact in connection with this filing

**INFORMATION TO BE INCLUDED IN THE REPORT**

**FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE REPORTS**

**Item 2.01 Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Issuer**

Attached as Exhibit 99.1 hereto is an agreed-upon procedures report, dated July 11, 2025, of Grant Thornton LLP, obtained by the issuer, with respect to certain agreed-upon procedures performed by Grant Thornton LLP.

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | OCCU AUTO FUNDING LLC | OCCU AUTO FUNDING LLC |
|  | (Depositor) | (Depositor) |
| Date: July 23, 2025 |  |  |
|  | By: | /s/ Ronald F. Neumann |
|  |  | Name: Ronald F. Neumann |
|  |  | Title: President and CEO of Oregon Community Credit Union |

---

Exhibit 99.1 Agreed-upon procedures report, dated July 11, 2025, of Grant Thornton LLP.

## Exhibit 99.1

**Exhibit 99.1**

![](image_001.jpg)

![](image_002.jpg)

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| | |
|:---|:---|
| **grant thornton llp** | **REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS** |
| 4695 MacArthur Court, Suite 1600<br> Newport Beach, CA 92660 |  |
| D +1 949 553 1600<br> F +1 949 553 0168 |  |

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Board of Directors and Management of Oregon Community Credit Union, OCCU Auto Receivables Trust 2025-1 and J.P. Morgan Securities LLC:

We have performed the procedures enumerated below, on certain information with respect to attributes of Oregon Community Credit Union's (the "Company") automobile receivables as of May 31, 2025 (the "Subject Matter") related to OCCU Auto Receivables Trust 2025-1 (the "Issuer") issuance of certain classes of Notes (the "Securitization Transaction"). The Company's management is responsible for the Data File (as defined herein) accurately representing the information included in the underlying asset documents and the disclosed assumptions and methodologies.

The Company has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of assisting specified parties in evaluating the Subject Matter. This report may not be suitable for any other purpose. Additionally, the Issuer and J.P. Morgan Securities LLC ("JPM" and together with the Company and Issuer, the "Specified Parties") have agreed to and acknowledged that the procedures performed are appropriate for their purposes. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes.

Consequently, we make no representation regarding the appropriateness of the procedures enumerated below either for the purpose for which this report has been requested or for any other purpose.

The procedures we performed on the automobile receivables and our findings are as described herein.

For the purposes of our procedures, we were instructed by the Company that:

&nbsp;&nbsp;&nbsp;&nbsp;(i) differences of less than $1.00, 0.01 (numbers and years) or 0.01%, as applicable, were deemed to be in agreement.

&nbsp;&nbsp;&nbsp;&nbsp;(ii) differences in the "State" characteristic that are a result of abbreviations or punctuation were deemed to be in agreement.

&nbsp;&nbsp;&nbsp;&nbsp;(iii) differences in the "Original Term to maturity" characteristic that are less than or equal to 2 months were deemed to be in agreement.

&nbsp;&nbsp;&nbsp;&nbsp;(iv) differences in the "Origination Date" characteristic that are less than or equal to 60 days were deemed to be in agreement.

Unless otherwise indicated, the following are defined for the purposes of our procedures:

· the phrase "compared" means we checked the information for agreement between sources, with any findings being reported unless a deviation tolerance is otherwise noted. If applicable, such compared amounts and percentages are deemed to be in agreement if differences were attributable to rounding.

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| | |
|:---|:---|
| &nbsp;&nbsp;![](image_003.jpg) | &nbsp;&nbsp;![](image_005.jpg) |
| &nbsp;&nbsp;**GT.COM** | &nbsp;&nbsp;Grant Thornton LLP is the U.S. member firm of Grant Thornton International Ltd (GTIL). GTIL and each of its member firms are separate legal entities and are not a worldwide partnership. |

---

![](image_001.jpg)

· the phrase "recomputed" means, if applicable, we recalculated the number through mathematical calculation using the applicable information in the Data File as the inputs, with any findings being reported unless a deviation tolerance is otherwise noted. If applicable, such recomputed amounts and percentages are deemed to be in agreement if differences were attributable to rounding.

· the phrase "Source Documents" means a record containing details of a particular transaction or characteristic. Source Documents include (i) Title Certificates,<br>
(ii) the Make and Model Type Mapping file, (iii) the Proof of Address file, (iv) the Payment Differences file and (v) the Loan Agreement, Finance Agreement or Automobile Contract, Loan Funding Checklist, Credit Report, Title and Registration Application, Credit Application, Insurance Coverage Disclosure, Driver's License (collectively, the "Credit File").

Due diligence agreed-upon procedures

**A. Data File Agreed Upon Procedures**

On June 24, 2025, the Company provided us with a computer readable data file (the "Data File") containing certain characteristics of the automobile receivables (the "Automobile Receivables") included in the Securitization Transaction. We performed the procedures indicated below on the Automobile Receivables.

JPM selected, on a random basis, 125 Automobile Receivables (the "Sample Receivables"). The Company provided to us information pertaining to those receivables in the Data File. For each of the Sample Receivables, we performed comparisons for certain characteristics (as identified in Exhibit 1) to certain available source documents (the "Source Documents").

**Exhibit 1**

**Characteristics:**

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| | | |
|:---|:---|:---|
| | **Characteristic** | **Source Document** |
| 1 | Vehicle Identification Number ("VIN") | Credit File |
| 2 | Origination Date | Credit File |
| 3 | Original Amount Financed | Credit File |
| 4 | Original Term to Maturity | Credit File |
| 5 | Original Annual Percentage Rate ("APR") | Credit File |
| 6 | Model Type | Credit File, Make and Model Type Mapping file |
| 7 | Vehicle Make | Credit File, Make and Model Type Mapping file |

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![](image_001.jpg)

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| | | |
|:---|:---|:---|
| | **Characteristic** | **Source Document** |
| 8 | Vehicle Model | Credit File, Make and Model Type Mapping file |
| 9 | Vehicle Model Year | Credit File |
| 10 | Original monthly P&I payment | Credit File, Payment Differences file |
| 11 | Borrower State | Credit File, Proof of Address file |
| 12 | Borrower FICO Score | Credit File |

---

For Characteristic 4, "Original Term to Maturity", we were instructed by the Company that for those Sample Receivables where the Original Term to Maturity in the Data File does not match the "Original Term to Maturity" in the Loan Agreement in the Source Documents, to perform the following additional procedure:

- compare the Original Term to Maturity in the Data File to the Loan Term (months) field on the Loan Funding Checklist contained within the Source Documents.

For Characteristic 5, "Original Annual Percentage Rate ("APR")", we were instructed by the Company that for those Sample Receivables where the Original Annual Percentage Rate ("APR") in the Data File does not match the Original Annual Percentage Rate ("APR") in the Loan Agreement in the Source Documents, to perform the following additional procedure:

compare the Original Annual Percentage Rate ("APR") set forth in the Data File to the "OCCU" rate as identified on the Loan Funding Checklist contained within the Source Documents.

For Characteristics 6, 7 and 8, we were instructed by the Company that for those Sample Receivables where the Vehicle Model, Model Type or Vehicle Make in the Data File does not match the Vehicle Model, Model Type or Vehicle Make in the Loan Agreement in the Source Documents, to perform the following additional procedure:

- compare the Vehicle Model, Model Type or Vehicle Make in the Data File to the table in the Make and Model Type Mapping file contained within the Source Documents.

For Characteristic 11, the Company has advised us that the "State" characteristic reflects the current address of a customer. For those Sample Receivables where the State on the Data File is different from the State reflected in the Loan Agreement, the Company has instructed us to perform the following additional procedure:

- compare the State set forth in the Data File to the "State" in the Proof of Address file.

![](image_001.jpg)

For Characteristic 12, "Borrower FICO Score", we were instructed by the Company to use the VantageScore in the Data File and:

- for those Sample Receivables that had more than one Borrower, to compare the Borrower FICO Score in the Data File to the higher VantageScore in the Source Documents and;

- for those Sample Receivables that had a credit score listed as "N/A" in the Source Documents, the value is deemed to be "0".

For Characteristics 1 through 12, we compared and agreed the information to the Source Documents. We noted no discrepancies between the Data File and the Source Documents.

**B. Documentation Agreed Upon Procedures**

For each of the Sample Receivables, Grant Thornton observed the existence of the following documentation:

- a Title Certificate or Application for Title;

- the security interest of the Company or Oregon Community Credit Union is indicated on a Title Certificate;

- a Credit Application;

- a Credit Report for the borrower and co-borrower (if applicable); and

a Truth-in-Lending Disclosure Statement; and the Agreement to Provide Insurance, Verification of Insurance, Policy Declaration, Certificate of Insurance, Insurance Identification Card, Insurance Verification Request, Insurance Application, Binder of Insurance, Proof of Insurance, Lien Holder Service Center Summary or other related correspondence (collectively, the "Agreement to Provide Insurance").

We noted 2 discrepancies in documentation as noted in Appendix A.

We were engaged by the Company to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants. We were not engaged to and did not conduct an examination or review, the objective of which would be the expression of an opinion or conclusion, respectively, on the Subject Matter. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

Our agreed-upon procedures engagement was not conducted for the purpose of the following:

· Addressing the conformity of the origination of the assets to stated underwriting or credit extension guidelines, standards, criteria, or other requirements;

· Addressing the value of collateral securing any such assets being securitized;

· Addressing the compliance of the originator of the assets with federal, state, and local laws and regulations;

· Satisfying any criteria for due diligence published by a nationally recognized statistical rating organization ("NRSRO");

![](image_001.jpg)<br>

· Addressing any other factor or characteristic of the assets that would be material to the likelihood that the issuer of the asset-backed security will pay interest and principal in accordance with applicable terms and conditions, including but not limited to whether the characteristics have implications on the future performance of the assets, underwritten value of the assets, credit quality of the assets, likelihood of return to investors
or any other implications related to the assets or the related asset-backed securities;

· Forming any conclusions; and

· Any other terms or requirements of the transaction that do not appear in this report.

We are required to be independent of the Company and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

This report is intended solely for the information and use of the Specified Parties and is not intended to be, and should not be, used by anyone other than these specified parties, including investors and rating agencies, who are not identified as specified parties but who may have access to this report as required by law or regulation.

/s/ GRANT THORNTON LLP

Newport Beach, California<br> July 11, 2025

Appendix A

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| | | | |
|:---|:---|:---|:---|
| | **Characteristic** | **Value per Data File** | **Value per Source Documents** |
| 1404142307 | Presence of a Title Certificate | Yes | No |
| 1404142307 | OCCU Security Interest on Title Certificate | Yes | No |

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