Dealertrack Collateral Management Services, Inc.
3897 North Front Street
Harrisburg, Pennsylvania 17110
Wayne Whipple, Vice President, Business Development
Fax: (717) 230-1477 (Fax)
Electronic Lien & Title Program
As of July 2008, participation in the Pennsylvania’s Electronic Lien and Title (ELT) program has been mandatory (all lien holders will receive an electronic title). All lien holders who are in the business of financing vehicles must be under contract with a service provider in order to participate in the ELT Program.
PA Bankers Services Corporation added Dealertrack Collateral Management Services (CMS) to the Select Vendor Program in order to provide a cost-effective solution to comply with the required PennDOT regulation.
The PA Bankers Services Corporation and CMS offer financial institutions in Pennsylvania the following:
- No monthly minimum transaction fees;
- Per record fees charged only when recording lien (call for quantity pricing for over 75); and
- Local training and customer service provided directly by PA Bankers Services Corporation.
Disclaimer: * Vendor selections and recommendations are made in accordance with the Services Corp's stated mission. It is believed that the promoted products and services merit strong consideration by PA Bankers member banks. PA Bankers Services Corporation's due diligence and selection criteria should not be construed as a guarantee, as the ultimate appropriateness may vary from bank to bank. In addition, PA Bankers member banks are encouraged to conduct their own due diligence reviews of recommended vendors. Remuneration received by the Services Corp is utilized in-part to support the PA Bankers Association through contracted agreements, corporate sponsorships and overhead coverage. This financial support expands resources and strengthens the services and programs of the PA Bankers Association.