Case Study
Credit Union Makes Move Away From Paper Checks And Gets Immediate Benefit Of Time And Money Saved
BACKGROUND As part of University of Iowa Community Credit Union’s (UICCU) overall vision to be one of the top 10 financial institutions in the US, they knew they needed to move to an electronic payment platform, rather than processing 100% of their payments through paper checks. They had experienced some issues with their paper payment system, including checks getting lost in the mail. When this happened, staff resources had to be devoted to