NORTH CANTON, Ohio Feb. 24, 2011 Wichita Falls, Texas deposit automation
Union Square has also enhanced its members’ ATM experiences and improved its operational efficiencies by adding deposit automation technology to six of its most active ATMs. Diebold upgraded the ATMs with new hardware that supports envelope-free transactions, including enhanced note acceptors (ENAs) and Intelligent Depository Modules® (IDMs). The ENAs allow users to deposit up to 50 mixed-denomination notes, which are then verified and itemized note by note. The IDMs accept and process checks and bill payment documents. ATMs display cash and check deposit details on screen for customer verification and print deposit details, including check images, on receipts.
Automated note and check verification at the deposit automation-enabled ATMs has allowed Union Square to evolve from posting transactions the next business day to real-time posting, giving members immediate access to their deposited funds. In addition, Union Square now collects deposits for those ATMs weekly instead of daily, which reduces the frequency and cost of ATM deposit collections.
John M. Deignan
Diebold’s Integrated Services offering is ranked among the best in the industry for outsourcing excellence. The company has been named to the International Association of Outsourcing Professionals® (IAOP) Global Outsourcing 100® for four consecutive years.
About Union Square Federal Credit Union
Wichita Falls, Texas Texas www.usfcu.us
Canton, Ohio www.diebold.com
SOURCE Diebold, Incorporated