WALLINGFORD, Conn. — Constitution Corporate Federal Credit Union reports that installations of ImageXchange, its branch item capture solution, are expected to top 100 in the first quarter of 2007 with more than half of its check collection branches already transmitting images.
To date, 87 member branches are taking advantage of ImageXchange with 17 systems queued for installation in first quarter. Constitution recently announced a branch item capture leasing program targeting smaller credit unions which offers a single-cost solution to utilize and maintain the software, hardware and to process the deposit.
"ImageXchange has helped us capture the corporate checking and check collection business from 15 branches that previously used other institutions for these services," the FCU said.
ImageXchange scans, endorses, encodes and performs automatic balancing of all items.
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