By Marc Rapport, originally published by Credit Union Journal, August 18, 2010

Home remote deposit capture is the latest tool in the chest for Summit Credit Union as it competes for members, SEG by SEG.

The $125 million Greensboro, N.C.-based organization operates seven branches in four cities across the Piedmont, and being able to tell prospective members they can deposit their checks with a simple scanner at home is definitely a good thing, said Glenn Kirk, Summit’s executive vice president of marketing.

“My job is to try to get new companies to join with us and one of the first things the CEO or HR people ask me is,  ‘Where is the closest branch?’” Kirk said. “When I tell them all they need is a scanner and a highspeed Internet connection, I often hear, ‘holy cow.’ There’s a real wow factor.”

With ATMs and shared branching, there are plenty of places to make withdrawals, but making deposits can often be another story. “This just closes the loop,” Kirk said.

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