Solving robberies at credit unions requires teamwork.

To help credit unions and law enforcement officials catch more thieves and retrieve more stolen money, 3SI Security Systems recently released a new advanced GPS tracking device.

Cash Tracker is the first offering in the company's new NextGen3 Electronic Satellite Pursuit GPS tracking solution line.

“The new Cash Tracker, which uses our third generation ESP GPS Tracking solution, is the first in a series of products we will launch globally between now and end-2014,” said Mary Pifer, VP of international marketing and product management at Exton, Pa.-based 3SI.

The new device is smaller than the company's previous model and offers more flexibility and reliability, she said.

There are also more ways for credit unions to trigger the device, an ability to pinpoint locations at a longer range, and a self-test health check and maintenance improvements that deliver greater reliability, the company said.

The system's global platform leverages smarter technology to enable greater flexibility in deployment, common functionality for multiple security and tracking applications and improved data storage and organization.

3SI's devices currently result in apprehensions in 70% of cases and retrieval of assets in 87% of cases, and the new platform is expected to boost those rates, the company said.

“Using the latest and most innovative technologies provide the best means of protecting people and assets: for instance, institutions using our Cash Tracker realized criminal apprehension and cash return in the vast majority of cases,” Pifer said. “Our arrest and recovery rate is impressive, but we will never rest on our laurels. We will use evolving technology to continue to improve our products' performance.”

3SI has a strong relationship with credit unions due to its status as a member of the CUNA Strategic Services system, the company said.

Currently, 966 credit unions in the U.S. use 3SI products, including previous generations of Cash Tracker or other security devices such as VaultTracker, SecurityPac and/or ATM Track, the company said.

Instant Insights /

Smaller GPS Tracking Device Protects Assets

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