Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Nebraska league teams with VINtek on ELT
PHILADELPHIA (7/28/10)--The Nebraska Credit Union League has partnered with VINtek, a provider of automotive collateral management and direct auto finance solutions for credit unions and banks, to provide electronic lien and title (ELT) services to the league’s members. Credit unions in Nebraska are preparing for a Jan. 1 deadline that mandates all automotive lenders in the state to move to the ELT process. ELT is an alternative to paper-based vehicle titles that enables credit unions to receive digital titles from their local department of motor vehicles. “By mandating ELT, the Nebraska state government enables financial institutions in the state to see immediate return on investment by alleviating storage and postage costs, and eliminating the expense of paper titles,” said Larry Highbloom, VINtek president.


RSS print
News Now LiveWire
.@TheNCUA open board meeting starts at 10 a.m. ET tomorrow. It is board member J. Mark McWatters' first. Watch @NewsNowLiveWire
11 hours ago
.@CFPB is proposing to oversee larger nonbank auto finance companies for the first time at the federal level.
12 hours ago
.@CUNA's Bill Hampel moderates a discussion on the future of credit unions in the post-100 million member world. http://t.co/kcXykiRQVn
15 hours ago
#Breaking: QE likely to end next month, @federalreserve says #NewsNow #Market http://t.co/u7Fb5l5fwM
15 hours ago
.@Experian study confirms that building a credit history is beneficial to financial marginalized communities. 64M are "credit invisibles"
15 hours ago