Southwest Corporate launches Business Capture
Webinars to explain enhanced efficiencies and cost-saving benefits
Dallas—To help credit unions attract and better serve a growing number of business members, Southwest Corporate Federal Credit Union will launch its new Business Capture service beginning March 31.
Business Capture adds to the cutting-edge check collection suite of Remote Deposit Services already offered by Southwest Corporate—all designed to help credit unions reduce costs and operate more efficiently.
To help credit unions become more familiar with the benefits of Business Capture, Southwest Corporate is scheduling an hour-long webinar held three times over the coming two months. Dates for the webinars are:
Monday, April 7 at 2 p.m. Central Time
Friday, April 11 at 11 a.m. Central Time
Wednesday, May 21 at 1 p.m. Central Time
There is no charge to participate in the webinar, which will feature live demos and experts on hand to answer specific questions, however it is necessary to register in advance. Registration will be available beginning Friday, March 28th at www.swcorp.org.
“This is a service that many credit unions will find useful as they try to attract more and more business members,” said Jody Beck, Senior Vice President of Operations for Southwest Corporate.
“Employing Southwest Corporate’s Business Capture service will allow credit unions to help minimize—or even eliminate—trips a member has to make just to deposit checks. It also helps expedite deposit collections and extends deposit deadlines,” Beck said.
Southwest Corporate’s Business Capture product is based on a year of development and testing, and incorporated active involvement by member credit unions to help shape the features and functionalities that are included. “We knew that this is going to be a high demand product, and now we are ready to put it into the market place,” Beck said.
The process for Business Capture is similar to Branch Capture and Teller Capture. However, with Business Capture, the check scanner is installed at a member’s business location, Beck explained. Software is downloaded and installed on the member’s computer that allows checks to be imaged and securely transmitted to Southwest Corporate for processing.
Imaged checks are cleared the most expeditious and least-cost method. Archived images can be accessed online.
“All this allows your members who run a business to spend more time doing what they do best, and less time running to the credit union to make deposits,” Beck said.
Credit unions receive full implementation, training, and ongoing support by a dedicated team of in-house specialists. For more information about Business Capture, contact a Southwest Corporate Account Executive at 1-800-442-5761, or e-mail .
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(Southwest Corporate Federal Credit Union is a $14 billion Plano-based institution that serves the financial needs of nearly 1,500 member credit unions nationwide.)