Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

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
Video of @CUNA sponsored @thehill Forum, w/ @BradSherman, @RepDennyHeck and Rep. Rob Woodall is up. http://t.co/OHIB1odDOt
11 minutes ago
.@WhiteHouse honors NM Educators #CreditUnion Shana Runck as #ChampionforChange See #NewsNow http://t.co/gNEfCEQk14 http://t.co/DiKEsFrtL0
49 minutes ago
.@usgao wary of privacy controls for @CFPB's collection of consumer data. See #NewsNow http://t.co/BXyreqDJYE
1 hours ago
#Iowa Housing Authority honors #creditunion's mortgage commitment #NewsNow http://t.co/97me6ziPFa
16 hours ago
Adams to Zimmerman: Don't let your name define your financial decisions via @ndn http://t.co/kPVgQaDFNo
19 hours ago