MADISON, Wis. – Summit CU has installed IBT’s CUBS Credit Union Branch Capture forward presentments technology to connect its 24 branches with the main office of the $1.7-billion credit union.
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Branches scan their checks to create a digital deposit, which is sent directly to the correspondent in the early evening. IBT said the implementation throughout the branch network showed immediate improvement in credit union management’s next day 100% funds availability objective.
As a standard feature, images are available for immediate viewing at every branch location through IBT's integrated online channel.
IBT is based in Cedar Park, Texas.
