Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Vermont league offers mobile check deposit app
SOUTH BURLINGTON, Vt. (1/21/14)--The Association of Vermont Credit Unions now offers a mobile check deposit app, powered by its business partner Vantiv.
 
Granite Hills CU, with $35 million in assets, Barre, Vt., is  the first credit union to offer the app, which works on both iPhone and Android devices and allows members to deposit checks by imaging both sides of the check with a mobile device (Newslines Express Jan. 17).  
 
The program is now available as an optional add-on feature for all credit unions on AVCU's CU Card program.
 
"Unlike traditional mobile deposit capture programs, ours requires only a nominal, one-time setup fee and has no monthly minimums," said Bryan Kent, AVCU vice president.  "It's a great way for credit unions to cost effectively offer this rapidly growing, member friendly service." 
 
Credit unions can control which members have access to the program and also have the option to pass usage fees on to the members who use the service.  Credit unions are charged based on the number of items members deposit remotely each month.


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
13 hours ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
15 hours ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
16 hours ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
18 hours ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
18 hours ago