MIDDLETOWN, Pa. — Mid-Atlantic Corporate Federal Credit Union (www.midatlanticcorp.org) said it expects new efficiencies and scale with the ACH origination software it just bought from Fundtech Ltd.

The OrigiNET solution from the Jersey City, N.J., firm (www.fundtech.com) will provide the 1,100-member corporate's 250 ACH users a Web-based system with a user-friendly interface that reduces new account setup times and automates transaction processing, the company and credit union said.

"With the volume of ACH transactions steadily increasing, and the expansion of business services offered by our members, we need a system that's efficient and scalable as well as easy to set up and use day to day," said Drew Kishbaugh, the corporate's senior vice president of payment services.

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.
NOT FOR REPRINT

© 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.