Synergent, a subsidiary of the Maine Credit Union League, said it has signed a new client for its check processing services and will begin offering a new online banking platform.

The $688 million Charter Oak FCU in Groton, Conn., will use Synergent for electronic check collection and share draft processing services, the company and credit union said.

Synergent said it now processes more than 3 million images a month for more than 100 credit unions throughout the Northeast, including branch, merchant, member and ATM capture. Mobile capture will be added soon, the company 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.
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.