SWBC’s Auto Title Services offers a way for credit unions to significantly minimize their exposure associated with imperfect liens on vehicles in their direct and indirect loan portfolios. SWBC has mastered the lien perfection process with our ability to use technology to confirm that titles have been appropriately recorded, thereby reducing the risk for a financial institution.

SWBC will conduct a loan portfolio audit to distinguish those loans in your portfolio where your institution does not possess a “perfect title.” The initial audit will identify vehicles with outstanding lien holders and loan portfolios containing inconsistent information (i.e. VIN numbers, wrong owner name, etc.). After we have identified the non-perfected titles, SWBC will work to resolve all the titles until they have been cleared and perfected, often clearing hundreds of outstanding issues in the first pass. We will work with appropriate state and county organizations, as well as many out-of-state agencies, to perfect titles and accommodate transfers as needed.