Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ARVADA, Colo. – Talk of declining check volume or the changes brought forth by Check 21 aren’t dimming SunCorp’s interest in item processing. The corporate has been conducting extensive research into how to run the most efficient item processing business possible, says SunCorp CEO Eric Kenealy. “We have studied item processing like never before, done comprehensive analysis like never before. We’re trying to drive efficiencies like never before,” he said. “Whether it’s Utah, Colorado, Nebraska, Wyoming, or Idaho we need to be more efficient.” Kenealy said one of the keys is doing more with its image archive. “We want to use our image archive to help credit unions centralize payment needs. Get share draft processing, deposits, lock box, payments, coupon receipts -all these things we can image for credit unions to do research and adjustments,” he said. Kenealy said he’s thrilled with the volume the corporate is seeing in Nebraska. Nebraska CUs were traditionally served by the Fed, but it closed its Omaha office. Kenealy said for the month of December, volume was 500,000 up from 0 last December. SunCorp became a player in Nebraska when it acquired the corporate there some years ago. Overall, SunCorp is processing 16.5 million items a 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.