Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Corporate One Alloya to offer Fundtechs ACH platform
COLUMBUS, Ohio and WARRENVILLE, Ill. (2/14/12)--Corporate One FCU, Columbus, Ohio, and Alloya Corporate FCU, Warrenville, Ill., will offer automated clearinghouse (ACH) transactions using Fundtech's platforms.

Both corporates said Fundtech's platform offers enhancements and pricing that is more favorable to their members.

"Price reductions will be most significant in one of the most fertile areas for credit unions growth--ACH for select-employee groups and small businesses," said Lee Butke, Corporate One's president/CEO.  "This is an area where credit unions can really see sizeable growth."

Also at both credit unions, Fundtech's platform replaces the APEX-ACH platform that was offered through U.S. Central FCU, the now-defunct wholesale provider of financial services to the corporate network.

"Our new ACH products provide a great framework to assist our members in moving off U.S. Central's platforms," said Kevin Brauer, Alloya senior vice president of member relations. "It also delivers an alternative for other credit unions seeking to change from their current providers."

Corporate One expects to have its members transitioned to the new platform by June 30.

Alloya said it expects to begin converting members in early summer.


RSS





print
News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda http://t.co/gFIhRhUCts
1 day ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief. http://t.co/TMTubG9Afk
1 day ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today: http://t.co/ep5…
1 day ago
Seriously underwater homes rise, new-home sales tumble News Now: http://t.co/2LzWTkqnES
1 day ago
#NewsNow Cornerstone Foundation awards $71K in grants http://t.co/Y6D8K9rwWv
1 day ago