X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LANCASTER, Pa. – LANCO Federal Credit Union here is fighting fraud while lessening hassles for its members by scanning in images of drivers’ licenses for easy retrieval at the teller window. The $41 million CU is using a Web-based check and drivers’ license electronic capture solution from COWWW Software (www.cowww.com) of Belmont, Mich. LANCO currently has about 1,000 members’ photos in its system, using a single scanner, with plans to add two more scanners and have about 3,000 of the CU’s 9,500 members archived within six months, says Shawn Bleacher, IT manager at LANCO FCU (www.lancofcu.com). Now, instead of asking members to show IDs or searching through files for photocopies, LANCO tellers can retrieve scanned-in drivers’ licenses or checks on their workstations. The server-based system also eliminates the need for software on individual PCs. “It not only works better and more efficiently, but it’s cheaper for us now and in the long term,” Bleacher says. COWWW Software products now are in is in use about 450 financial institutions, the company says.

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

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.