Two years after their partnership formed, a Texas Credit Union League subsidiary and a Philadelphia vendor said they now are serving more than 80% of the state's credit unions participating in the Texas electronic lien and title program.
Credit Union Resources Inc. selected VINtek as its preferred provider of ELT services in 2010 and now serves 104 of the 128 credit unions in the Lone Star State that participate in the state electronic lien and title program, they said.
Participating credit unions receive digital titles instead of paper from the Department of Motor Vehicles, eliminating the chances of losing a title or being exposed to lien release fraud, VINtek and Credit Union Resources said. VINtek provides the technology, training and support.
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