CheckAlt Scales Lockbox Processing for National Cooperative Bank's Property Management Customers
Written by CheckAlt
LOS ANGELES, Calif. – June 24, 2019 — CheckAlt, the premier lockbox services provider in the U.S., and National Cooperative Bank (NCB), a nationwide financial institution that specializes in community associations, based in Arlington, VA, have extended their agreement to scale lockbox processing for property management customers with significant check and electronic payment volume.
“CheckAlt has been a preferred vendor for NCB for the past ten years," stated Jared Tunnell, Senior Vice President at NCB. “From our relationship manager to the CEO, the team at CheckAlt is always available and willing to work with our team to keep us competitive in the marketplace.”
CheckAlt works with NCB to serve property management companies of all sizes across the country and is able to scale up and support the bank as their needs grow.
In the next few months, CheckAlt will process tens of thousands of new client payments while also reducing the number of online banking bill pay checks those businesses receive, thanks to CheckAlt’s Integrated Receivables solutions Remit and Catch!.
In the past 10 years, CheckAlt has become the leading provider of check payment processing solutions for hundreds of financial institutions across the country. As both bank agnostic and demographic agnostic, CheckAlt is uniquely positioned for payments convergence. It has been our focus to process check payments while also eliminating paper from the system with robust electronic payment APIs. CheckAlt’s solutions include lockbox processing across a nationwide hub-and-spoke network of processing sites, consolidated item processing, integrated treasury solutions, and mobile capture services. CheckAlt is headquartered in Los Angeles, Calif.
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