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U.S. Utility Industry Credit Union Enhances Virtual Banking Capability for Nationwide Membership with Mobile Deposit
  • USA - English


News provided by

Utilities Employees Credit Union

Dec 11, 2014, 03:00 ET

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Wyomissing, PA (PRWEB) December 11, 2014 -- Utilities Employees Credit Union (UECU), the billion dollar virtual credit union serving the U.S. utility and energy sector, has added mobile deposit to its extensive suite of virtual banking services. UECU members can now deposit checks to their savings and checking accounts from anywhere in the country, at any time of the day with e-Posit™ Mobile.

Our new e-Posit™ Mobile deposit app demonstrates UECU’s ongoing commitment to enhancing our virtual banking platform and providing members the service and convenience they expect from a one-stop, full-service virtual credit union.

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To access the new service, UECU members simply download the free UECU mobile banking app to their Apple or Android mobile device or tablet and click on check deposits. In just a few minutes, members can snap a photo of the front and back of their check and submit it for deposit. The new mobile deposit service has enhanced virtual account access for members by increasing the speed and efficiency of check processing.

“Our new e-Posit™ Mobile deposit app demonstrates UECU’s ongoing commitment to enhancing our virtual banking platform and providing members the service and convenience they expect from a one-stop, full-service virtual credit union,” says John Acanfora, Vice President of Information Technology for UECU.

The credit union’s nationwide membership of 43,000 utility and energy industry workers and their families have access to the entire suite of free E-Services: Advantages Online™ and Mobile Banking, Advantages Bill Pay™, E-Statements, E-Vantages™ by Web, E-Notifications™, e-Posit™ Mobile, and e-Posit™ Online. UECU members also have the ability to open a credit union account anytime online at uecu.org. Additionally, members have access to an array of online loan applications, they include: new and used vehicle loans, credit cards, personal loans, home equity loans, mortgages and more. UECU’s E-Services provide members with comprehensive banking services 24/7.

Providing high-quality, nationwide account access to its members has been a priority for UECU due to its unique business model. For more than 75 years, UECU has operated as a “virtual credit union” serving a widely-dispersed membership from a single headquarters without members ever having to step inside a branch – allowing the credit union to maintain its low operating-costs and return profits to its membership. The credit union’s virtual business model allows UECU to provide financial employee benefits to companies and workers in the utility and energy industry wherever they expand or relocate throughout the nation.

In addition to its virtual credit union services, UECU also offers personalized member service. Member Service Representatives are available to assist members across the country. Financial Services Consultants are also available for credit card and loan inquires, as well as assisting members with loan applications. UECU members enjoy the flexibility of 24/7 account access and the benefits of traditional member service.

To learn more about Utilities Employees Credit Union, visit http://www.uecu.org.

About Utilities Employees Credit Union
Utilities Employees Credit Union is a nationwide, virtual credit union providing financial services to utility and energy workers and their families since 1934. Its membership includes the employees of 600 companies. UECU is among the two percent of U.S. credit unions to receive an A “Excellent” Weiss Rating for financial soundness and one of the few financial institutions to reward its members with a year-end bonus dividend, which last year totaled nearly $1 million.

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Erica Gates, Utilities Employees Credit Union, http://www.uecu.org, +1 (610) 927-4016, [email protected]

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