Bluepoint Solutions and CUsource Partner to Offer Item Processing, Remote Deposit Capture Solutions

30 credit union clients gain immediate access to modern technology platform–

Vista, Calif. Jan. 27, 2011 CUsource, a Montana-based credit union service organization, and Bluepoint Solutions, a 2010 CUNA Tech Council “Best of Show” winner and provider of remote deposit capture, item processing and enterprise content management solutions, have partnered to provide modern check processing technology to credit unions. CUsource will centrally host Bluepoint’s end-to-end item processing suite, as well as branch and home capture solutions.

“In mid-2010 CUsource began searching for a more advanced, comprehensive item processing platform,” said Shirley Bailey, President and CEO of CUsource. “After a thorough evaluation period, we determined that Bluepoint’s suite of check processing solutions would enhance the level and scope of service we provide to our member credit unions.”

CUsource, LLC is a Credit Union Service Organization (CUSO) in Montana offering quality products and services to credit unions and other cooperative organizations including data processing, print mail services, real estate services security services and draft services. The CUSO currently provides various draft services for 52 credit unions representing more than 400,000 members, and processes approximately 17 million items annually. Bluepoint’s solutions, including item processing, branch capture and home capture, will initially be implemented in 65 branches across approximately 30 different credit unions.

“We wanted a partner that understood and complemented our goals as a CUSO, and Bluepoint was the clear choice,” continued Bailey. “Bluepoint’s modern platform provides increased functionality in our existing product offerings and will support the addition of future offerings such as merchant capture. This is significant for all of our credit union clients, but is especially noteworthy for many of the smaller credit unions that up until now, have considered this type of technology out-of-reach.”

“Credit unions are being forced to do more with less,” said Hal Tilbury, founder and CEO of Bluepoint Solutions. “CUsource is leading the way in helping credit unions address this challenge by providing access to sophisticated technology. We are pleased to partner with CUsource to provide credit unions a single end-to-end check-processing platform that encompasses multiple capture points, image exchange and long-term archival and research.”