RANCHO CUCAMONGA, Calif. (March 27, 2012) – CO-OP Financial Services is adding Android support for CO-OP My Deposit Mobile, enabling credit union members with these popular devices to deposit checks to their accounts from their phones.
“CO-OP My Deposit Mobile with Android support helps credit unions gain a competitive advantage because many financial institutions that have mobile products have not yet deployed a remote deposit function,” said Stan Hollen, President/CEO, CO-OP Financial Services. “In addition, the new functionally for CO-OP My Deposit Mobile adds to a credit union’s ability to offer convenient access to accounts for members, which is what all CO-OP products are designed to do.”
Android is the fastest-growing mobile device platform in the market today. For credit unions, the new CO-OP product means they can better appeal to the key market demographic of younger, tech-savvy members. For members, CO-OP My Deposit Mobile eliminates geographic restrictions and allows them to access their accounts anytime, anywhere.
CO-OP My Deposit Mobile is an add-on service to CO-OP Mobile, allowing credit unions to capture, proof and clear digital check images submitted by members using their smart phones. The product has been available to iPhone users for more than one year. The Android deposit function, which requires deployment of a new Android application, is available to credit unions immediately.
The Android deposit function works similar to the iPhone function. Members take pictures of the check front and back, enter amount, select deposit account and upload the images. The interface design and navigation is similar to the Android’s browser mode for CO-OP Mobile.
For more information on CO-OP My Deposit Mobile, visit www.co-opfs.org.
About CO-OP Financial Services
Based in Rancho Cucamonga, Calif. and founded in 1981, CO-OP Financial Services is the industry leader in access and convenience products for credit unions. CO-OP connects credit union members to their accounts through network, payment processing, e-commerce, shared branching and call center services. With more than 3,000 credit union members, 30 million cardholders, 28,000 surcharge-free ATMs, 4,500 shared branch locations and more than two billion annual transactions, CO-OP Financial Services offers the tools, counsel and leadership to help credit unions prosper. To learn more, visit www.co-opfs.org.