Event Detail

Five Credit Unions Choose Wescom Resources Group For ATM Deposit Balancing Solution

8/10/2005

WRG Now Serves 20 Credit Unions Nationwide and Processes More Than 250,000 ATM Deposits Per Month

Wescom Resources Group (WRG), a leader in innovative technology solutions for the financial industry, has signed five new credit unions to use its ATM deposit balancing solution giving them an effective and automated deposit balancing process. WRG now processes more than 250,000 ATM deposits per month for 20 credit unions nationwide.

The newest credit unions include Partners Federal Credit Union, Ventura County Credit Union, Altura Credit Union, Financial Partners Credit Union and USC Credit Union . The combined ATM deposits of the five credit unions total nearly 70,000 per month.

Launched in 2002, WRG's ATM deposit balancing service offers a cost-efficient, automated process that allows credit unions a customized solution to fit its specific needs. The five credit unions were attracted to WRG's solution due to its level of service and success with Wescom Credit Union.

WRG's automated ATM deposit balancing service is located at its secured Pasadena item processing center. Deposits from clients are received, cash is removed and balanced, and all deposits are prepared for processing. An electronic file of each client's ATM deposit activity is imported into WRG's system. Using state-of-the-art technology, the envelope contents are then checked against the amount that was entered by the member at the ATM. After processing, adjustment reports and files are available immediately for clients so that any corrections to its member accounts can be quickly completed. Clients also have access through a secure web site to view the images of all the deposited items, including the deposit envelope.

WRG Adds Five Credit Unions to ATM Deposit Balancing Roster/2-2-2

“Our complete ATM deposit balancing service offers smooth performance from day one, and we can provide it to all credit unions nationwide,” said Kevin Sarber, president of Wescom Resources Group. “With five new credit unions added to our roster, this solution is our most successful product as clients trust us with their ATM deposit balancing needs.”

About Wescom Resources Group

Backed by Wescom Credit Union, one of the nation's largest credit unions, with more than $3 billion in assets and serving more than 250,000 members, Wescom Resources Group (WRG) provides credit unions with reliable, competitive and timely software solutions and services. Services provided include Symitar (Episys™) Hosted Service Bureau Processing, ATM Deposit Balancing, Item Processing and Disaster Recovery Services. Software Solutions include Home Banking & BillPay, Automated Lending Solution, eStatements, eAlerts, Online Membership Application and more. WRG provides credit unions with all the benefits of today's technology, leaving financial institutions free to focus on their core financial offerings. For more information, visit www.wescomresources.com.