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Southwest Corporate Federal Credit Union Selects Politzer & Haney.


Business Editors

NEWTON, Mass.--(BUSINESS WIRE)--Feb. 26, 2003

Dallas-based Southwest Corporate Federal Credit Union, the second-largest corporate credit union in the country, has selected Politzer & Haney's Web Cash Manager Suite for deployment in P&H's outsourced environment.

Southwest Corporate Federal Credit Union has assets of over $7 billion and serves more than 1,200 member credit unions nation wide. According to according to
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 Bob Rehm, Senior Vice President of Sales and Marketing, for Southwest Corporate, working with Politzer & Haney underscores Southwest's commitment to delivering web-based systems. "Web Cash Manager ACH (Automated Clearing House) A system of the U.S. Federal Reserve Bank that provides electronic funds transfer (EFT) between banks. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to  functionality is superior to what was offered by other vendors. With it, we can offer the best possible web-based system for our members."

The deal illustrates the continued popularity of Politzer & Haney with corporate credits unions. In addition to Southwest Corporate, Web Cash Manager is currently in production at two of the top five corporate credit unions in the country including Eascorp and Corporate One. According to P&H President, Ralph Dangelmaier, the scalability and modularity of the Web Cash Manager platform makes it a natural for the corporate credit union market, "Web Cash Manager gives core processors like Southwest Corporate the service combinations they need to support their credit union market. We are extremely pleased to be doing business with Southwest Corporate."

The Politzer & Haney Web Cash Manager Suite is a Web-based corporate cash management system enables financial institutions of all sizes to uniquely package products and services for different markets, or even individual customers - all from one flexible platform. Financial institutions can choose up to 50 different modules, including Information Reporting, On-line Inquiry, Stop Payment, Positive Pay/Reconciliation, Imaging, ACH Origination Origination

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Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real
, Wire Transfer, Cash Concentration, and Account Transfer. The P&H Web Cash Manager Suite also provides an infrastructure to integrate other products and services offered by financial institutions.

About Southwest Corporate Federal Credit Union

Southwest Corporate Federal Credit Union is the second-largest corporate credit union in the U.S. It serves more than 1,200 credit unions nation wide and has assets of over $7 billion. In April of 2002, SCFCU SCFCU South Carolina Federal Credit Union
SCFCU Services Center Federal Credit Union (Yankton, SD) 
 celebrated twenty seven years of commitment to credit unions.

As a credit union for credit unions, SCFCU provides credit unions ATM & debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account.  services, Imaged item processing, Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 banking, Electronic bill payment, Funds management solutions and much more. For detailed information about the products and services Southwest Corporate offers its member credit unions, visit www.swcorp.org.

About Politzer & Haney

With over 120 financial institutions in production and 20 years of industry experience, Politzer & Haney is the market leader in web-based corporate cash management. P&H is customer- and banking-focused, with a strong commitment to helping financial institutions meet their strategic cash management objectives. Industry analyst Celent Communications has ranked Politzer & Haney as the number one cash management vendor for three years in a row.

Politzer & Haney leads the industry with an installed base of over 100 customers currently in production -ranging from the largest financial institutions, such as AmSouth, Bank One, Citibank, J.P. Morgan Morgan, American family of financiers and philanthropists.

Junius Spencer Morgan, 1813–90, b. West Springfield, Mass., prospered at investment banking.
 Chase, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , and Wells Fargo Wells Fargo

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company that handled express service to western states; often robbed. [Am. Hist.
, to credit unions and smaller regional financial institutions.

Politzer & Haney is headquartered in Newton, Massachusetts The City of Newton in Middlesex County, Massachusetts, is an important residential suburb of Boston, which abuts it on the east. According to the 2000 census, the population of the Newton was 83,829, making it the tenth largest city in the state. , with offices in nine other states. Additional information can be found at www.ph.com, or by calling 617-796-7700.

Politzer & Haney, P&H Web Cash Manager Suite and CorPoint are trademarks of Politzer & Haney, Inc.
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Publication:Business Wire
Geographic Code:1USA
Date:Feb 26, 2003
Words:555
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