Houston, Philadelphia CUs Sign With Skyline's DirectFED
Credit unions in Texas and Pennsylvania are the newest customers committed to the remote deposit capture software from Skyline's DirectFED Payment Solutions, the company said.
They are $124 million Right Choice Credit Union of Houston and $4.2 million University of Pennsylvania Students Federal Credit Union of Philadelphia as users of the Los Angeles company's remote deposit capture solution.
"By signing on with Skyline's DirectFED to use their RDC software, there will be even more of a savings for our members since the process results in the elimination of float and assessment fees, fast access to their capital and optimization of profits and funds availability," said Jessica White, chairman of the board at the University of Pennsylvania Students FCU.
Los Angeles-based Skyline's DirectFED said it now has a client list of more than 100 financial institutions, including 35 credit unions. It also has just released a mobile capture version, the company said.