RANCHO CUCAMONGA, Calif. -- CO-OP Financial Services has announced the roll out of a complete suite of products to help CUs completely digitize their check acceptance and clearing.
The products include CO-OP ATM Check Imaging, CO-OP Fast Branch and CO-OP My Deposit, with CO-OP Branch Deposit, and CO-OP Retail Deposit set to debut later this year.
"Check imaging has rapidly matured and is now capable of supporting all electronic consumer and business checking," said CO-OP President/CEO Stan Hollen. "CO-OP is at the forefront of the movement by presenting an entire slate of check imaging software, bundling ATM, kiosk, home, branch and retail image processing technologies for credit unions. And it's a simple system, which allows us to use the same technology for each touch point."
CO-OP has been a leader in the effort to implement the digital check network in response to Check 21, the federal statute that mandate the development of a digital check clearing network.