Summit Credit Union Finds Remote Deposit Capture Helps the Sell to SEGs
Home remote deposit capture is the latest tool in the chest for Summit Credit Union as it competes for members, SEG by SEG.
The $125 million Greensboro, N.C.-based organization operates seven branches in four cities across the Piedmont, and being able to tell prospective members they can deposit their checks with a simple scanner at home is definitely a good thing, said Glenn Kirk, Summit's executive vice president of marketing.
The RDC service is from Bluepoint Solutions, which has been providing teller capture, receipt and other document management and item processing services to Summit since 2005. It's been available since April to members who meet relationship requirements based on savings and loan balances, Kirk said.
"We're limiting the scope of it as we get things going, including the amount that can come in, usually to about $500 to $4,000 a day, depending on their relationship with us," Kirk said. "Members love the convenience of it,"
Summit currently has about 220 people signed up to use the service and gets maybe four or five checks a day, Kirk said. Often, they're checks people have written themselves to deposit in accounts at other financial institutions, although Summit already offers that ability at its home banking site, he said.
That's OK, according to Andrew Tilbury, marketing director at Bluepoint Solutions, a Vista, Calif.-based provider of document management and imaging solutions to more than 1,000 credit unions.