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CheckAlt Selected by Del-One Federal Credit Union to Process ATM Check Deposits

CheckAlt announced today a new partnership with Del-One Federal Credit Union to provide automated ATM image item processing. Del-One Federal Credit Union is a full-service, not-for-profit, financial institution with over 46,000 members and several convenient locations throughout the State of Delaware.

“We are pleased to partner with Del-One FCU and help them more efficiently process their ATM check deposit transactions,” said Shai Stern, co-chairman and CEO of CheckAlt. “Our automated solution helps credit unions lower costs associated with processing ATM check deposits.”

CheckAlt ATM Processing automation works directly with image-enabled ATMs to efficiently process check images and data captured when customers make an ATM deposit. CheckAlt seamlessly consolidates these items into Image Cash Letter files for prompt and accurate clearing. Our clients can lower operations expenses and mitigate risk by employing this solution.

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About Del-One FCU
Del-One Federal Credit Union is a full-service, not-for-profit, financial institution with several convenient locations throughout the State of Delaware. Members of Del-One FCU can find the solutions they need to achieve financial security and independence. Del-One has been in the business of helping people with their financial needs since 1960, and currently serves over 46,000 members. Del-One FCU offers a variety of products and services including, but not limited to: 24/7 member service, mobile and online services, competitive rates, instant issue debit cards, financial education seminars, shared branching, mobile deposit capture for checking accounts, and so much more.

About CheckAlt
CheckAlt is a leading provider of financial technology solutions such as eChecks, Remote Deposit Capture (RDC), Mobile Payments, Lockbox and Image Item Processing. We help financial institutions expand their capabilities, improve processing efficiency, reduce costs and mitigate risk from all capture points. Our innovative white label payment solutions help financial institutions attract and maintain high-value commercial and small business customer relationships. We help all types of merchants who need an economical and more efficient way to get paid. Visit http://www.checkalt.com for more information.

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