Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
High-tech design increases branch security
WICHITA FALLS, Texas (3/27/14)--Union Square FCU's newest branch is driven by technology, merging security with a Starbucks-like service experience.
 
The $324 million-asset credit union's branch includes time locks, hand scanners and mini vaults--known as cash recyclers--between teller stations that allow for cashless drawers. Members are served in a casual, open area "cash bar" ( Times Record News March 24).
 
Financial service representatives also staff a technology center to assist members with digital banking channels.
 
The branch's retail and mortgage sides run virtually autonomously, so each can run independently during extended hours on weeknights and weekends--an added security feature.
 
Multifactor authentication is required to access the branch's safe deposit vault. Members with safe deposit accounts must enter a PIN, and then place their hand on a scanner before they are allowed to enter the room. They also have a key to open their specific box.
 
When cash is dropped off by couriers, a high-tech video and entry system monitors activity, with a "man trap" in the entry way to ensure only authorized personnel access the building.


RSS





print
News Now LiveWire
Middle-class families walking a tightrope with little savings @pewresearch HT @CNNMoney http://t.co/Pfu2KHASZa
2 hours ago
.@CUNA's @SchenkMike on @federalreserve meeting: http://t.co/Ry39vjWdA1
3 hours ago
#creditunion cites prize-linked savings success in @WSJ http://t.co/3CXupUMx5d
5 hours ago
.@CFPB proposes mtg rule changes 2 facilitate responsible lending by small creditors, esp. in rural/underserved areas.http://t.co/sn6PnlS0EB
6 hours ago
#NewsNow Apple Pay interest booming at CUs, Western Union joins http://t.co/LsaoOYzAPx
8 hours ago