Paperless Title Vendor Gets Nebraska Nod
The Nebraska Credit Union League (NCUL) aims to help its members prepare for an upcoming deadline by selecting a Philadelphia-based firm as its service partner to provide electronic lien and title services.
Lenders in Nebraska have until Jan. 1, 2011, to move to electronic titles, a paper-less process that enables them to receive digital titles from their local state motor vehicle offices.
VINtek, a provider of Web-based electronic title services to about 400 credit unions, has been selected by the NCUL to provide those services.
"VINtek's solution keeps our credit unions in compliance with the ELT guidelines and mandates not only in Nebraska, but in the other 14 states offering (paperless titles)," said Dan Collins, vice president of the NCUL in Omaha