MADISON, WI – CUNA & Affiliates and Travelers Express have expanded their strategic alliance to provide official checks

to credit unions. The new official check program became available to credit unions September 1, 2002. Official checks are

also referred to as cashiers checks or teller checks,

CUNA and Travelers Express have provided credit unions with a money order program for almost 30 years.

“We are delighted to now offer the official check program to credit unions for outsourcing of their disbursements with

Travelers Express,” notes Wes Millar, vice president of Strategic Services for CUNA. “For the past 29 years the money

order program offered through CUNA and Travelers Express has helped credit unions become more efficient by decreasing back-

office expenses and freeing up staff time to spend with their members. Outsourcing of these programs helps credit unions

reduce expenses while offering excellent services to their members.”

“We’re excited about the expansion of our alliance with CUNA to include our official check program,” said Gene Duncan,

vice president and general manager of Travelers Express’ Payment Systems Group. “Our technology brings credit unions

another innovative solution that will help them improve their back-office efficiency and better serve their members. We

will print each official check with a special hologram that integrates the ‘America’s Credit Unions’ logo and provides

credit union members with increased protection against fraud.”

For more information about the operational and financial benefits of the official check program, contact Shirley Mazanet

at 800-356-9655, ext. 4290.