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Schools Financial Replaces WesCorp With In-House System

Sacramento credit union replaces processing work it had been doing with a failed corporate credit union with an in-house system from Bluepoint Solutions.

By Marc Rapport | Updated on June 28, 2012

The $1.4 billion Schools Financial Credit Union in Sacramento, Calif., has replace the item processing work it had been doing with a failed corporate credit union with an in-house system from Bluepoint Solutions Inc., the company and credit union said.

Functionallity includes direct transmission and receipt capabilities with the Federal Reserve, as well as daily in-clearings processing, lockbox remittance, Check 21 imaging, branch capture and transient-file aggregation, the company and credit union said.

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