ANCHORAGE, Alaska — Denali Alaskan Federal Credit Union is putting a well-established enterprise content management solution to a new use–Check 21 functionality.
The $353 million CU is using the OnBase suite from Hyland Software for branch capture and remote delivery of deposits, a move the credit union said has already saved it $96,000 in a year.
The savings come from lower costs for check encoding and transportation from its 13 branches spread across the vast state. Transportation of checks to the nearest Federal Reserve site had taken up to a week ore more, the credit union said.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
