NEW CASTLE, Del. (1/17/13)--Credit union members in Delaware can proudly display their membership on the backs of their vehicles, according to the Delaware Credit Union League. The league worked with the state's Division of Motor Vehicles to develop license plates available only for vehicles owned by credit union members.
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The CU Tag project was the brainstorm of Robert Walls, former league president. Initiated in 2000, the program required 200 drivers to sign up for the tags. That was accomplished Nov. 1, 2001.
"It was a long process, but we finally have the requisite number of tags to go forward with the printing of these motor vehicle tags that will define the driver as a credit union member," Walls said at the time.
In the past 11 years, the DMV has processed 366 credit union license plate number requests. Proceeds from the CU Tag project go to the league's scholarship fund. The fund provides scholarships for credit union staff training, especially for small credit unions, Alice Smith, the league's communications/governmental affairs director, told News Now
. So far, the plates have garnered $4,150 for the fund.
Unlike "vanity" plates offered by the DMV, the credit union license plate does not cost extra when the vehicle owner re-registers the plate every year. To get the credit union plate, the member pays $20 as a one-time fee. The specialty tag is valid as long as the tag holder continues to be a member of a credit union.
Credit union plate numbers can go up to CU 9999, said the league. The numbers are valid registration numbers for motor vehicles and the plate can be used in addition to a member's current license plate. Either plate, or both, can be displayed on the vehicle.