COLUMBUS, Ohio – Corporate One FCU has signed with Fundtech to offer credit unions ACH services through Fundtech’s CASHplus and PAYplus-ACH payment systems.
Corporate One will be replacing the APEX-ACH platform offered through U.S. Central FCU with a solution it said will offer several enhancements, and have pricing that is more favorable to its members.
Enhancements over the U.S. Central system include: risk mitigation and monitoring capabilities; and for those originating ACH transactions, a robust user interface allowing credit unions to more easily add select employee groups.
Corporate One has $4.7 billion in assets and provides a variety of services, including ATM/debit and credit cards, share draft imaging, depository and electronic payment services and investments to credit union, to 780 credit unions across the U.S.
Corporate One will soon begin working with its members to transition them to the new ACH platform. U.S. Central, which is phasing out its ACH services by year end, is poised to institute price increases on the APEX-ACH system beginning June 30. Corporate One said it expects to have all members transitioned by that time.
