PHOENIX – The $780 million FirstCorp will begin image access of share drafts on its Web site by Aug. 31 and expects to expand the service for home banking access by year-end. FirstCorp President/CEO Pete Pritts said image access will be available to member CUs at no extra charge, or price increase. In June FirstCorp divested its ownership share of Arizona Credit Union League Services Corp but purchased its member share program. On Aug. 1 it purchased its courier service. First Corp said it is processing 3.7 million share draft items per month from 49 Arizona CUs. The number of deposited items processed per month is 1.2 million. The actions, said First Corp, have "decreased pricing" and allowed imaging of cleared drafts "at no additional cost to the CU."
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.