VISTA, Calif.-Mid-Atlantic Corporate FCU and Bluepoint Solutions have combined on a joint initiative to assist those credit unions with lower check volumes in adopting Check 21-enabled branch capture.
The service enables credit unions of all sizes to easily convert check processing operations to Mid-Atlantic Corporate.
Credit unions that process fewer than 2,000 over-the-counter items per month will now have access to Bluepoint's ImagePoint Branch capture platform for an affordable monthly fee, without significant set-up costs, explained Andrew Tilbury, director of marketing and communications for Bluepoint. Once scanned, check images will be electronically transported to Mid-Atlantic Corporate's data center for additional processing and clearing.
"The smaller credit unions often work with banks to scan checks and send them on to Mid-Atlantic," said Tilbury. "The Check 21 solution offered by the corporates was too expensive for many small CUs to justify the cost. The new program now gives credit unions an in-branch solution that accesses the same technology used by larger institutions, and to work directly with Mid-Atlantic."
The $3.5-billion corporate currently uses Bluepoint's ImagePoint teller, branch, and merchant capture applications while running ImagePoint hub in its data center.