Vertifi Software LLC said it has now processed more than $1 billion in remote deposits since Eastern Corporate Federal Credit Union’s technology arm was launched in 2009.
Vertifi Software attributes rapid growth in deposits to mobile adoption.
The 204,000 members of the $3.2 billion Ent Federal Credit Union in Colorado Springs, Colo., can now deposit checks using the cameras on their iPhones and Droids.
Colorado CU also adds Android app to existing iPhone branch locator service.
Members of the $1.5 billion Baxter Credit Union have deposited $10 million using their iPhones and Androids in the first six months that the Vernon Hills, Ill., credit union has offered the remote deposit capture service.
Vertifi Software LLC is now offering a mobile banking application specifically for the iPad, including remote deposit capture using the camera on the iPad 2.
Upbeat tone marks annual meeting for Eastern Corporate Federal Credit Union.
More than 100,000 credit union members are now using Eastern Corporate Federal Credit Union's remote deposit capture service for homes and businesses, the corporate said.
As Check 21 wraps up its first decade, its impact has been considerable.
Five more credit unions have signed up for remote deposit capture services from Vertifi Software, a subsidiary of Eastern Corporate Federal Credit Union in Burlington, Mass.