CheckAlt is a leading provider of payment solutions for hundreds of credit unions across the country. Using our solutions, credit unions are strengthening member services, protecting their data, and growing deposit dollars every day.
Deposit Imaging
As more individuals and businesses look to credit unions for banking and lending services, demand increases for quick, accurate processing of paper and electronic checks. CheckAlt’s deposit imaging solutions allow credit unions to accelerate check processing, reducing exceptions and protecting members and credit unions with our multi-layer fraud detection.
Credit unions are seeking to create deeper, stronger relationships with their membership, including corporate members, by providing auto, mortgage, and even business loans. CheckAlt’s LoanPay empowers credit unions to process loan payments quickly and easily, with fast and simple payment reporting.
Historically, credit unions had focused on serving consumers. After the 2008 financial crisis, more businesses turned to credit unions for their lending needs, and credit unions expanded their commercial memberships. Most credit unions don’t offer commercial deposit services, which leaves little incentive for commercial members to stay with a credit union after their loans have been paid. Using CheckAlt’s array of private label, end-to-end payment processing solutions, your credit union can meet commercial members’ needs for more services.
Leading businesses across a broad spectrum of industries have chosen CheckAlt as their provider for processing payments to reduce costs and create operational efficiencies.
Industry payment processing experience and specialized tools make the difference in credit unions' commercial members representing the following industries:
