WALLINGFORD, Conn. – Constitution State Corporate is the latest CU item processor to join the Endpoint Exchange Network to exchange items. Many CU item processors are reporting slow growth in electronic exchange volumes as the big banks still hold all the cards on when widespread exchange will occur. Constitution will be using VSoft’s Check 21 product suite to facilitate exchange. Southeast Corporate announced it was also moving to VSoft. VSoft is a certified solution developer for Endpoint. Its eDesk Genesis interfaces to Endpoint. The $1.6 billion Constitution said with these latest hook-ups its members will be able to forward present 100% of their transit check volume. “Check image exchange through the Endpoint Exchange Network provides our member credit unions with a significant competitive edge through faster clearing and settlement, as well as reduced transportation costs, float and check fraud,” said Noreen Lagasse, director of item processing for Constitution Corporate Credit Union. eDesk Genesis allows financial institutions to exchange electronic cash letters with images directly or through exchange organizations such as Endpoint Exchange.

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