Suncoast Schools FCU DeploysDeposit-Taking ATMs

Register now

TAMPA, Fla. - (11/15/05) -- Suncoast Schools FCU reported Mondayit has become the first financial institution to deploy Diebold'sfull deposit automation system. The $5 billion credit unionlaunched the first phase of its deposit automation pilot a year agowhen it became the first financial institution to go live withDiebold's ImageWay ATM system for check imaging in the employeelounge at the credit union's main offices. The new phase willextend the technology to all credit union members, using Diebold'sOpteva ATMs. Suncoast members can deposit checks without the use ofan envelope or deposit slip, then receive confirmation of theirdeposits, including an image of the check printed on the receipt.The system also allows the deposit of stacks of cash, up to 100notes, without the use of an envelope. The program will includeDiebold's Intelligent Depository Module; Bulk Note Acceptor;ImageWay ATM agent; and Xpedited by Alogent; and the ImageWayserver.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER