Central Corporate Credit Union Selects Viewpointe’s Pointe2Pointe with Internet Connectivity
NEW YORK, New York – August 2, 2011 – Viewpointe®, a leading provider of check image exchange and archive services, today announced that Central Corporate Credit Union (CenCorp) has become the latest Pointe2Pointe® with Internet connectivity customer. The $2 billion Southfield, Michigan-based corporate credit union provides wholesale investment, credit and correspondent services to more than 300 credit unions.
CenCorp offers its credit union and credit-union affiliate members with a comprehensive package of financial products and corresponding banking services, including overnight accounts, term investments, lending, share draft processing and ACH services. The organization selected the Viewpointe Pointe2Pointe solution as a quick, cost-effective means for conducting check image exchange.
Viewpointe’s Pointe2Pointe with Internet connectivity service provides organizations with a secure, efficient means of exchanging electronic check images with Viewpointe’s other exchange customers. The service helps financial institutions move toward eliminating the financial and logistical burdens associated with processing paper-based checks.
“Financial organizations are continually seeking ways in which to connect with other institutions without increasing costs and straining internal resources,” said Glenn Wheeler, president, Viewpointe Clearing, Settlement & Association Services. “We believe CenCorp members will benefit greatly from being part of this wider network while adding value to all of the members in the Viewpointe community.”
ABOUT VIEWPOINTE
Viewpointe® is a leading provider of multibank infrastructure solutions for customers ranging from credit unions to Fortune 100 financial institutions. With one of the largest national archives of check images and information, Viewpointe offers archive capabilities, end-to-end check image exchange clearing and settlement and Automated Clearing House association services. Bank Technology News named Viewpointe one of the top innovators of 2008, an annual ranking of the 25 most advanced people, companies and technologies in financial services. Since 2006, Viewpointe has been named to the prestigious FinTech 100, representing the best of the best in financial technology and service providers. For more information, please visit http://viewpointe.com/.
ABOUT CENCORP
CenCorp is a corporate credit union operated solely for the benefit of member credit unions and credit union affiliates. Chartered in 1937, CenCorp is based in Southfield, Michigan and is one of the largest corporate credit unions that make up the corporate credit union network. CenCorp's original purpose was to provide a cost-effective way for member credit unions to borrow or lend funds to other members. Over the years, CenCorp's role expanded to other correspondent financial services.
CenCorp offers a comprehensive package of financial products and correspondent banking services to members. These products and services include: Overnight Accounts, Lending, Share Draft Processing, Deposit Processing, Wire Transfers and ACH Services. For more information, please visit: http://www.cencorpcu.com
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Media Contacts:
Loretta Mock/James Cheston
viewpointe@cognitomedia.com
646-395-6300