Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
WesCorp lowers rates 5 on e-check processing
SAN DIMAS, Calif. (6/5/08)--Western Corporate FCU (WesCorp) will reduce member check collection files received electronically by 5% per unit, starting this month. The decrease is based on reduced clearing fees at exchange points where WesCorp participates and lower internal costs for processing work. “As more and more member credit unions embrace the new efficiencies of image processing first envisioned by Check 21 legislation, WesCorp is able to pass on these savings to our members,” said Richard Stanton, WesCorp director of product sales support. The corporate expects further price decreases before the end of the year, he added. WesCorp has $31 billion in assets and serves more than 1,000 credit unions in the U.S. and Guam.


RSS print
News Now LiveWire
Goodwill Industries latest to report data security breach http://t.co/gIaXNsT4Bk
10 hours ago
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine: http://t.co/tW1p9rTSSv
11 hours ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
12 hours ago
Children in foster care face higher risk of identity theft via @NBCNews http://t.co/Dif0hCfBdA
12 hours ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank http://t.co/h2O8O4TxuD
13 hours ago