Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Branch capture users surveyed about efficiencies
DALLAS (5/13/09)--Nearly 80% of credit union respondents cited greater efficiency as a primary value of branch capture, according to the results of a recent survey conducted by Southwest Corporate FCU. The efficiencies credit unions cited:
* Scanning checks eliminates hand encoding, enabling staff to pursue other tasks; * Transmitting deposits throughout the day speeds work flow and saves payroll expense; and * Online archival provides more timely access to images and eliminates a separate microfiche or image process.
About 16% of credit unions said reduced costs were the leading benefit of branch capture. Survey results were compiled from 124 credit union respondents, with assets ranging from under $10 million to more than $1 billion. About two-thirds were in the $20 million to $200 million range. Respondents were from more than a dozen states. The survey was conducted last month. Branch Capture is part of the corporate’s suite of Remote Deposit Solutions.


RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
1 Day ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
1 Day ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
1 Day ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
1 Day ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
1 Day ago