MURRIETA, Calif. — CUTEK said three credit unions have recently implemented its new automated wire transfer system.
They are the $1.6 billion Keesler FCU in Biloxi, Miss., the $159 million AOD FCU in Bynum, Ala., and the $105 million Right Choice CU in Houston.
The software fills out wire transfer details electronically and then forwards it to the credit union manager and then accounting through integration with the Symitar Episys core processing system, eliminating the need to manually enter general ledger transactions and perform OFAAC checks.
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Murrieta-based CUTEK (www.cutek.net) provides software add-ons and consulting services to credit unions running on Episys.
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