CheckAlt, CU Wireless and iParse Selected by Virginia United Methodist Credit Union for Mobile Deposit

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Best-of-breed mobile RDC solution powers anytime, anywhere check deposits for credit union members

With the CheckAlt-CU Wireless-iParse solution, Virginia United Methodist is able to extend their institutions reach without the need of additional branches or ATMs to better service their members.

Industry partners CheckAlt, CU Wireless and iParse announced today their joint deposit solution was selected by Virginia United Methodist Credit Union to enable their members to deposit checks using their smartphones.

“We are pleased to be selected by Virginia United Methodist CU and enable them to share the flexibility and convenience of mobile check deposits with their members,” said Shai Stern, co-chairman and CEO of CheckAlt. “With the CheckAlt-CU Wireless-iParse solution, Virginia United Methodist is able to extend their institutions reach without the need of additional branches or ATMs to better service their members.”

Virginia United Methodist Credit Union is the latest addition to the CheckAlt, CU Wireless and iParse mobile deposit partnership and further builds upon the companies’ growing network of now over 30 credit union clients.

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About CheckAlt 
CheckAlt offers best of breed Check 21 solutions to financial institutions nationwide. These solutions include consolidated, advanced item processing, lockbox processing and white label solutions, such as CheckAlt Remit, LoanPay and Mobile Business Capture. For more information, visit http://www.checkalt.com.

About iParse 
iParse is a mobile banking technology provider, developing innovative smart phone applications for the financial services industry including the patented Point and Capture technology which recognizes checks and captures their image automatically.

About CU Wireless 
CU Wireless is a 100% credit union owned CUSO based in Salem, Oregon. CU Wireless offers mobile services to credit unions and members throughout the United States through innovative technologies and partnerships.

About Virginia United Methodist Credit Union (VUMCU)
VUMCU is an associational bond credit union providing financial services to the clergy, churches, church members, organizations and agencies of the Virginia Conference of the United Methodist Church.

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Moshe Goldshtein
@CheckAlt
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