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Border FCU Rolls Out IBT's Branch Capture and Document Imaging Solutions.


Credit Union Seeks to Significantly Reduce Processing, Courier Costs

CEDAR PARK, Texas Cedar Park is a city in Williamson County, Texas, United States. A small portion of the city also sits in Travis County, Texas. From a population of 5,161 in 1990, Cedar Park grew to a population of 26,049 at the 2000 census.  -- Integrated Bank Technology (IBT (1) (Instructor Based Training) Training courses conducted by human teachers.

(2) (Internet Based Training) Training courses provided via the Internet.
), a company that specializes in providing core processing and imaging software applications for in-house and ASP environments for financial institutions across the country and provides 24/7 support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , announced that Texas-based Border Federal Credit Union has completed the installation of its Integrated Branch Capture and Integrated Document Imaging. The products have saved IBT customers thousands of dollars in reduced costs associated with courier services, data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a  and document management and storage costs.

"We began searching for a branch item capture product because we wanted the ease of use that comes with a more streamlined, turnkey check imaging process," Carrie Martin, Executive Vice President and Chief Financial Officer at Border FCU FCU Federal Credit Union
FCU Florida Credit Union
FCU Fan Coil Unit
FCU Fuel Control Unit
FCU Flight Control Unit
FCU Flexor Carpi Ulnaris
FCU Familial Cold Urticaria
FCU Fire Control Unit
FCU Fused Connection Unit
FCU Flow Control Unit
, explained. "We considered four vendors, but ultimately IBT's product was more user-friendly and the company offers excellent technology support. That's a key consideration for the credit union because we are located in a remote location."

Since the installation of Integrated Branch Capture, Border FCU has been able to access and research documents faster. The credit union is also experiencing fewer losses from bad checks and the imaging allows it to make exceptions and clear checks in a shorter amount of time, providing faster access to funds for its 21,000 members.

Integrated Document Imaging has also allowed Border FCU to eliminate the printing of reports. The audit feature that is built into the application converts documents in the credit union in digital form and trust that it is properly reviewed before the original paper is destroyed. This gives the staff more time to not only manage document image quality, but also maintain the integrity of filing. And since Integrated Document Imaging stores all of Border FCU's documents in one centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 database, the time and costs associated with document management, retrieval and storage have been significantly reduced.

"As many financial institutions are launching green initiatives, the elimination of paper through these solutions makes sense in terms of both corporate responsibility and increasing efficiency," Mike Golebiowski, President at IBT, added. "Border FCU will be able to remove the inconvenience of storing paper, reduce costs and enhance the service it offers to members."

About Integrated Bank Technology

Cedar Park Cedar Park could refer to
  • Cedar Park, Philadelphia, a neighborhood in Philadelphia, Pennsylvania
  • Cedar Park, Seattle, Washington, a neighborhood in Seattle, Washington
, Texas-based Integrated Bank Technology (IBT) specializes in providing core processing and imaging and Check 21 software applications under a single data base for in-house and ASP environments for financial institutions across the country and provides 24/7 support services. The company focuses on innovation, showcased in Integrated Bank Environment (IBE IBE International Bureau of Education
IBE Internet Booking Engine
IBE Institut für Medizinische Informationsverarbeitung, Biometrie Und Epidemiologie (LMU, Muenchen, Germany)
IBE Ion Beam Etching
), its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. . IBE is a robust software application with a single database that is designed to enhance a financial institution's overall customer experience while making the cost of ownership affordable.

For more information, visit www.iBankTech.net.
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Copyright 2009 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Aug 3, 2009
Words:461
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