Summit Assists In Re-Establishing CU

Register now

Summit Information Systems said its client, Louisiana FCU, has completed a rapid deployment to provide transaction origination assistance to other area credit unions by becoming a shared branch transaction acquirer.

Those efforts were assisted by Summit, the Louisiana league and the CU Services Center network. Directly affected by the storm, La Place, La.-based LFCU was able to restore services but wanted to assist other CUs in the New Orleans area. LFCU already was a shared branch issuer participant with the ability to receive and post transactions through the CUSC network. The ability to also acquire and originate transactions enables LFCU to provide services to other CU' members hit by the storm. Summit also assisted in restoring communications and re-establishing ACH processing.

For reprint and licensing requests for this article, click here.