VSoft Corp. said it has landed the Check 21 business at the $463million First City Credit Union in Los Angeles.
The 58,000-member credit union plans to use the Atlantacompany's image exchange and settlement solutions, includingin-clearings, returns and archive services. VSoft's in-clearingaccepts electronic cash letters from image exchange networks, theFederal Reserve and other financial institutions.
“We selected to outsource our image exchange and settlements toVSoftbecause of its system's module approach and the ease with which ourcredit union can implement additional solutions in the future,”said Jim Miller, senior vice president/CFO at First City CU.
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