Louisiana Corporate Sheds U.S. Central’s ACH System

METAIRIE, La. – Louisiana Corporate CU is the latest corporate credit union to sign a correspondent services deal with Lending Tools, which will include the conversion LaCorp’s ACH system from the U.S. Central APEX system to LT’s Private Correspondent Gateway.

Processing Content

The deal comes as LaCorp is preparing to merge with Alabama’s Corporate America CU.

Wichita-based LT has signed several other corporates to correspondent deals in recent months, including TriCorp FCU, Kansas Corporate, Kentucky Corporate, VolCorp and Missouri Corporate.

 


For reprint and licensing requests for this article, click here.
Corporate credit unions
MORE FROM AMERICAN BANKER
Load More