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CO-OP expands check imaging suite
RANCHO CUCAMONGA, Calif. (2/23/10)--CO-OP Financial Services is expanding its suite of check imaging solutions to include CO-OP My Deposit: Branch, which allows its credit union partners to batch and electronically submit deposited checks for clearing. CO-OP My Deposit: Branch adds provides a server-based application that eliminates many costs associated with handling, proofing, sending via courier and processing paper checks. A certified scanner (included as part of the solution) and a personal computer with Internet access are needed for local setup. The expansion "provides clients with a single-vendor imaging solution for ATMs, consumer remote deposit capture and now branch capture," said Stan Hollen, president/CEO of CO-OP Financial Services. It is aimed at credit unions that look to increase efficiencies, speed transmission, reduce risks and cut costs, he said. CO-OP My Deposit: Branch, which can be purchased as a stand-alone product, is part of the CO-OP check imaging suite that features ATM Check Imaging, Fast Branch kiosks, and CO-OP My Deposit: Home, which enables members to deposit checks online using any twain-compliant scanner.


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