Joint Check Processing Center LaunchesOperations In Hawaii
HONOLULU, Hawaii - (07/28/04) -- Pacific Processing Partners, LLC, ajoint venture between Hawaii USA FCU and WesCorp FCU, has beenlaunched here. The new CUSO will provide image-enabled checkprocessing services for credit unions located throughout theislands. The processing center is located inside HawaiiUSA FCU'smain office in downtown Honolulu and had been clearing share draftsfor members of the CU. WesCorp plans to migrate all items from itsexisting 54 credit union member clients to Pacific ProcessingPartners over the course of the next five months. The CUSOanticipates total volumes will exceed 1,000,000 items per month atthat time and has the capacity to accommodate more items andclients.