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From the October-20, 2010 issue of Credit Union Times Magazine • Subscribe!

Corporate One To Process VSoft Captures

Corporate One Federal Credit Union will now be offering its credit union clients item image aggregation and settling services through software from VSoft Corp. of Atlanta.

The Columbus, Ohio, corporate will provide settlement services for items captured through VSoft's brand capture and image exchange solutions, the company said.

Two Indiana credit unions, the $136 million WGE FCU of Muncie, Ind., and the $16 million Grand Heritage FCU of La Porte, already have signed up to use VSoft branch capture technology to send items to Corporate One for settlement, the companies said.

Corporate One and VSoft said the relationship will provide credit unions using VSoft's solutions with more cost-saving choices of settling agents because of the corporate's direct clearing relationships with many of the nation's largest banks and clearing agents.

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