MUSKEGO, Wis. — Economies of scale have allowed Corporate Central Credit Union to reduce its image-deposit service prices for the third time.
This reduction is 40% on image-exchangeable items for users of the corporate's Image Cash Letter (ICL) service.
“Our partners provide access to the nation's largest image exchange networks; therefore, we are able to leverage their scale and pass the lower cost of image exchange to our members,” said Bob Fouch, Corporate Central's president and CEO.
More reductions are expected this year as volume increases, the corporate said. Currently, 33% of Corporate Central, approximately 400 members, are using Check 21 technology to make their daily deposits to the corporate.
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