DULUTH, Ga. — In an effort to help credit unions speed collection times and reduce the cost of collecting deposited checks at their branches, CU Images, LLC and Missouri Credit Union Association subsidiary Credit Union Partnership, Inc. have joined forces.
Credit Union Partnership will become part owner of CU Images and will begin deploying CU Images solutions in the Missouri market.
CU Images provides branch capture and settlement of images of deposited checks using Norcross, Georgia-based financial service products provider VSoft Corporation's check image solution. It also offers an eStatement solution through Midway, Utah-based optical archiving systems provider Reed Data, Inc.'s electronic statement product.
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CU Partnership will participate in the product development and deployment decisions as CU Images expands to service a growing market with changing needs.
CU Images, LLC was formed in 2002, as a 50/50 partnership between Cooperative Services, Inc. and Palmetto Cooperative Services, Inc., a wholly-owned subsidiary of the South Carolina Credit Union League.
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