SWARTZ CREEK, Mich. (1/26/10)--Financial Plus CU, Flint, Mich., is among three area financial institutions offering free electronic-check recovery services to local businesses. The service experienced a 50% success rate recovering 100% of the full face value of bad checks at the credit union, Financial Plus CU said (Saginaw News Jan. 24). If a business deposits a check and it is returned for nonsufficient funds, the institution can forward the check to Infinity Business Group, which converts the check to an automated clearing house payment. This allows for electronic transfers and provides one more chance to deposit the check. Checks can be presented for deposit twice, the newspaper said. Infinity calls the check writer’s financial institution daily for 60 days until there are sufficient funds in the account to cash the check. After 60 days, it can pursue the funds, but the business won’t receive the full amount. The recovery service is free. Infinity earns profits through a fee--$25 in Michigan--charged to the person writing the bad check, the newspaper added. Financial Plus FCU has $339 million in assets.