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
Credit card issuers could see a reduced burden for 1 year under a @CFPB proposal issued this week. News Now: http://t.co/CYVXLUmVBq
58 minutes ago
RT @CUEscan: Branches Will Be the Cornerstone of Growth http://t.co/fVqPPaGeVL http://t.co/xxMyKGQMrl
1 hour ago
RT @asmarterchoice: According to @Bankrate study, customers more likely to find FREE checking at #Creditunion than a bank! http://t.co/ntCb…
1 hour ago
Ditch monthly subscriptions to save $$, @YoungFreeMI Fielder tells @freep http://t.co/TFnsps4Dui #ASW2015
1 hour ago
.@federalreserve extends comment period for capital surcharges on systemically important U.S. bank holding cos. http://t.co/MOJJBn9DfA
3 hours ago