The $1.5 billion Baxter Credit Union said that $10 million has been deposited in the past six months by members using iPhones and Androids.
The 130,000-member suburban Chicago credit union is using a remote deposit capture service from Vertifi Software LLC, a subsidiary of EasCorp in Burlington, Mass.
BCU's Deposit Anywhere provides both desktop scanning and mobile capture and posts funds to the account immediately in most cases, the Vernon Hills, Ill., 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
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.
