LOS ANGELES, CA – October 31, 2011 – Calcasieu Teachers and Employees Credit Union has implemented the services of CheckAlt Payment Solutions, the fastest growing Check 21 / Remote Deposit Capture provider. The streamlined service allows independent credit unions such as Calcasieu the ability to process inclearing checks in-house, quickly and conveniently. Where corporate credit unions will often charge an ongoing transaction fee, CheckAlt is providing an alternative solution to Calcasieu with a nominal one-time charge. Additionally, CheckAlt does not charge the standard item fees incurred regularly with Corporate Credit Union processing.
“The simplicity and ease of the installation process with CheckAlt is exactly what any company would love from a vendor,” says Jesse Busby, Assistant Manager of Calcasieu Teachers and Employees Credit Union. “They work so hard to streamline the install process and configure it to your needs.”
Inclearing, a check processing category which implies checks written by members of the credit union are deposited at other financial institutions, is one of the fastest growing and most powerful applications of CheckAlt Payment Solutions. Additionally, CheckAlt’s easily integrated system provides credit unions with an archived report of all checks processed.
“CheckAlt’s system is intuitive and easy-to-use,” says Shai Stern, CEO and Founder of CheckAlt Payment Solutions. “Our system minimizes the time it takes to process inclearing checks and allows credit unions to be completely image-enabled when it comes to managing check processing.”
With CheckAlt’s inclearing services, credit unions like Calcasieu are opting out of Corporate Credit Unions and opting in to inclearing independence.