TAMPA, Fla. — At Florida's larget credit union, software has replaced what has traditionally been one of the most manual of processes–managing safe deposit boxes.
Suncoast Schools FCU is using the safe deposit management system from SQN Banking Systems of Secaucus, N.J., to manage 5,220 safe deposit boxes at 10 branches among the 50 service centers the $6.2 billion CU operates across its 15-county service area.
The solution allows the credit union staffer to electronically sign the box holder in, verify a driver's license or other identification, capture a signature and then sign the box holder out afterward, while automatically capturing time and date information.
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