GREENSBORO, N.C. -- Premier Federal Credit Union is using a joint offering from CU Business Capital LLC and Postilion to offer online solutions to small businesses.
The joint service combines CUBC's remote deposit capture with Postilion's bill pay, ACH origination and receipts, payroll services, wire transfers and funds transfers, the companies said.
"As a credit union that services businesses, we must be able to deliver robust services and applications that will enable our members to oversee all aspects of their business, including managing their cash flow online," said Willie Combs, CEO of $99 million Premier FCU.
"Offering a complete member business services package is an important differentiator for credit unions," said Pierre Naude, general manager of Postilion Americas, a division of S1 Corp. in Atlanta.
Miramar, Fla.-based CUBC is a national CUSO that helps credit unions offer services including business lending, business deposits, cash management, remote capture, merchant services, business debit and credit cards, training, and consulting.