Imaged Share draft processing for credit unions of any size in any location; available as a stand-alone service or with full item processing
Southwest Corporate offers share draft processing expertise with leading-edge technology, innovation and a high level of commitment to our members.
- Over 25 years of experience
- One of the largest share draft processors in the United States
- Processing sites in Dallas, Houston, Albuquerque and Jacksonville, Florida
- Online processing through Southwest Corporate’s Internet gateway
Share draft processing at Southwest Corporate provides you
- Settlement, reconciliation and wire transfer at no charge
- Digital image capture, storage and same-day online viewing
- Image exchange presentment from the Federal Reserve, image exchange networks, and point-to-point relationships
- Immediate access to all images for 7 years
- Single daily presentment total
- Single daily posting file
- Email notice of availability with download hyperlink
- Download of current or previous day posting file
- Reject re-entry and repair prior to delivery of posting file
- Upload of return file
- Online submission of adjustment requests
- Next day credit for all returned checks and adjustments
- Turn-key adjustment processing
- Member image access
- Internet banking – item link from Internet banking provider
- E-Statements – link from share draft number to image
- Web view – link from your web site
Southwest Corporate’s share draft processing is safe and secure
- Fully redundant processing systems in all sites
- Comprehensive Business Recovery and Contingency Communications plan
- SAS 70 Certification
- Testament to Southwest Corporate’s controls and safeguards over information technology
- Satisfies your auditor’s requirement for due diligence in choosing a provider
Research has shown that offering checking accounts to your members provides increased opportunity to strengthen the member/credit union relationship. To help your credit union with this opportunity, Southwest Corporate provides copies of the checks we process to your credit union staff and members in several ways:
- To the credit union through TranZact - Southwest Corporate's secure online transaction service
- To the credit union on CD-Rom - 30,000 images (front & back) per disc
- To the credit union on DVD - 170,000 images (front & back) per disc
- To members through your existing internet banking service
- To members through an e-statement in pdf format containing links to check images
- To members through a link on your web site independent of an internet banking product
To put this service to work for your credit union, contact an Account Executive at 800.442.5763.
Click here for help from Southwest Corporate in marketing your share draft program.
