Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DALLAS – Southwest Corporate FCU is giving CU members access to their cleared checks the very day they are processed. The corporate can pull this off by uploading images every two hours throughout the day, instead of the “batch” process where the images are uploaded one time at night. It expects 60 to 70% of the checks to be available for viewing by noon each business day. “All images for that day will be available for viewing by 8:00 p.m. CST,” said Sam Palmgren, senior project manager at Southwest Corporate. The corporate said the new fast response service can be a fraud fighting tool as members can quickly see checks that have cleared recently. The same day service is available to credit unions via TranZact and to credit union members via Internet-based services offered by their credit unions. Southwest Corporate began offering online check image access through TranZact and the Net last year. Credit unions and their members are requesting more than 600,000 check images per month.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.