FirstCorp debuts online share draft imaging access
PHOENIX - The $780 million FirstCorp will begin image access of share drafts on its Web site by Aug. 31 and expects to expand the service for home banking access by year-end. FirstCorp President/CEO Pete Pritts said image access will be available to member CUs at no extra charge, or price increase. In June FirstCorp divested its ownership share of Arizona Credit Union League Services Corp but purchased its member share program. On Aug. 1 it purchased its courier service. First Corp said it is processing 3.7 million share draft items per month from 49 Arizona CUs. The number of deposited items processed per month is 1.2 million. The actions, said First Corp, have "decreased pricing" and allowed imaging of cleared drafts "at no additional cost to the CU."