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

Products
Southwest Corporate offers remote deposit program to 350th CU
FARMERS BRANCH, Texas (2/18/08)--Southwest Corporate has signed a 350th credit union--Odessa ECU--to its remote deposit program. With the program, a scanner captures check images at the credit union, ATM, or credit union member’s business. The images are transmitted to a central processing facility. The remote deposit software instantly verifies image quality, balances the transactions and sends the check images to Southwest Corporate, where they are archived for online member access (LoneStar Leaguer Feb. 14). Check imaging eliminates the time and money spent on encoding checks, said Southwest Corporate. “Lots of credit unions are now saving lots of money by processing checks electronically,” said Jody Beck, Southwest Corporate senior vice president of operations. “Remote deposit services is a product that has essentially doubled during the past year. And I think it is important to point out that this is a service that didn’t even exist three to four years ago.” Odessa has $8.3 million in assets.


RSS





print
News Now LiveWire
Better economic & #CU conditions,leading to higher rates in '15,'16, will boost CU earnings, asset quality,capital http://t.co/rmJvi3MIpQ
6 hours ago
RT @CUNA: Today is the first day of #CUYouthMonth How is your #creditunion celebrating?
10 hours ago
New @FICO score metric expected this week, will include utility payments http://t.co/l0hGhilMqQ
11 hours ago
.@TheNCUA increased supplier diversity in 2014 by 49%, although NCUA’s workforce diversity levels declined slightly.
11 hours ago
Also from FFIEC today, council announces reappointments of Mary Hughes and Lauren Kingry to its State Liaison Committee. 2of2
11 hours ago