With CO-OP Retail Deposits, your credit union’s commercial members will no
longer need to physically transport paper checks to make a deposit in their account. Businesses scan checks at their own offices using an on-site image
capture device, and the image and related data is captured and automatically
balanced before being submitted to you for validation, processing and clearing.
It’s like having a credit union branch right in the office!

Strengthen your commercial member relationships.

Benefits for both you and your commercial members include:

• Increased accuracy and efficiency—automatic electronic deposit slip and list creation reduces preparation time and eliminates keying and encoding on most items.
• Earlier credit and funds availability—immediate access to funds greatly enhances the customer experience.
• Expanded market reach—service your commercial member's total business footprint regardless of location.
• Accurate financial systems—automatic posting to client accounting improves cash management and reconciliation, and reduces adjustments