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CUTEK creates HTML safe deposit box for CU
MURRIETA, Calif. (11/19/10)--Financial technology services provider and consultant CUTEK Inc. has collaborated with NASA FCU, a $1 billion asset institution in Upper Marlborough, Md., to create an HTML safe deposit box interface that allows members to securely access boxes online. NASA FCU approached CUTEK with the idea of providing members’ online access to their safety deposit boxes. The credit union designed the interface and CUTEK configured it to integrate with the credit union’s existing Symitar database. The interface reads the credit union’s inventory of safe deposit boxes and provides a list of both available and rented boxes. At the end of each day, the program automatically updates the inventory and provides a status update. CUTEK created five functions for the interface:
* rent a new box; * revise a box; * access a box (creates paper trail with ID, application); * print disclosure; and * surrender a box (includes prorated refund);


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