Bluepoint Solutions and Corporate One Federal Credit Union are going after potential new business created by the shakeout among corporate credit unions.
The company and the corporate are inviting natural person credit unions using the IMAGEin check capture and processing software to bring usiness to the Columbus, Ohio, corporate without disruption in operations or product support.
Corporate One and Bluepoint Solutions of Vista, Calif., are partnering to allow credit unions to transfer their existing licenses without additional cost by switching directly to Bluepoint, which will then send the images to Corporate One for processing and clearing.
Bluepoint is the developer of the software engine for the IMAGEin branch capture solution designed for corporates to deploy to member credit unions.
"For credit unions using IMAGEin that are exploring alternative corporate relationships, this partnership allows them to protect their financial investment in IMAGEin, and prevent disruption of service to their operations," said Hal Tilbury, CEO of Bluepoint Solutions.
The $4.9 billion Corporate One said it is one of the few corporates not to lose any members’ capital investment in the past couple years and that it exceeds all capital ratios set by regulators. "This new relationship builds on our philosophy of providing best-in-class services to credit unions, while making it as convenient and affordable as possible," said Robert Coyan, senior vice president of marketing and operations at Corporate One.