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Navy Federal Credit Union Hires VINTEK To Oversee Automotive Lending

May 12, 2008

PHILADELPHIA –- Virginia-based Navy Federal Credit Union selects VINtek, a provider of automotive collateral management services for banks, credit unions and other automotive finance lenders, as its title management provider for its automotive lending business.

"We selected VINtek as our title management provider because of the company's history of integrity, superior performance and commitment to the needs of its clients," said Susan Brooks, assistant vice president of consumer lending for Navy Federal Credit Union.

"The smooth conversion of our loan files and collateral by VINtek met our priority of creating the least amount of impact on our members as possible," she said.

The Navy Federal Credit Union has more than $35 billion in assets and three million members. The credit union serves all Department of the Navy military and civilian personnel and their families.

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