Transition Program for Natural Person Credit Unions
Transition Program for Natural Person Credit Unions
As a result of the government stabilization and restructuring of the Corporate Credit Union network, the NCUA has issued guidelines to guarantee the smooth transfer of natural person credit unions’ check processing to alternate sources of settlement and clearing. Corporate Credit Unions (CCUs) have been given 24 months to advise their member credit unions of their various options. The NCUA established this 24 month “winding down period†to prevent service disruptions to the approximately 90 million credit union members nationwide.
Click here for the NCUA’s Corporate System Resolution website.
In order to help facilitate this smooth transition, Bluepoint Solutions has launched a special transition program for credit unions that have previously purchased Bluepoint’s Check 21 Branch Capture through one of our corporate credit union partners currently in conservatorship — Western Corporate (now Western Bridge), Southwest Corporate (now Southwest Bridge).
Credit unions that have previously purchased either IMAGEin from WesCorp or Branch Capture from Southwest Corporate have the opportunity to take full ownership of their software licenses by initiating a direct service and support agreement with Bluepoint for a minimum of one year.
The purpose of this program is to allow natural person credit unions to continue using software solutions currently in use without a significant financial investment, employee re-training, or disruption of services to members.
Step 1. Contact us below for a in-depth assessment of your check processing volumes and costs.
Step 2. Evaluate alternative check processing solutions.
Step 3. Establish relationship with Federal Reserve Bank or other endpoint.
Step 4. Upgrade software to latest version and undergo testing to guarantee smooth transition.
Step 5. Notify current Corporate and go live with new system.
Call 877-566-7514 or request more information below.
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