Aurum Technology Partners with Strunk & Associates for Overdraft Privilege
PLANO, Texas and HOUSTON - Aurum Technology Inc, a provider of open and integrated solutions, has joined forces with Strunk & Associates, L.P., developer of the Overdraft Privilege(SM) program. Under the three-year agreement, Aurum clients will have the opportunity to participate in the Overdraft Privilege program to generate non-interest or fee-based income from overdraft transactions. The program does not draw from existing member funds or require a pre-approved credit line for overdraft protection. Strunk's Overdraft Privilege program enables financial institutions to extend overdraft services to their entire member base as a non-contractual courtesy. Aurum Technology serves more than 600 clients, a mix of credit unions and community banks, across the United States.