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ATM and Debit Services |
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Cooperative Services, Inc. (CSI), a division of the Affiliates, offers ATM services, including issuing ATM and debit cards and ATM terminal driving for Georgia credit unions. CSI offers affordable pricing to credit unions of all sizes due to the volume of credit union participants and our cooperative leverage. For smaller credit unions, CSI has developed the ATM Agency Program. The Affiliates also assists credit unions in establishing on-line and off-line debit card programs.
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Automated
Clearing House Support |
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The ACH
is a processing and delivery system that provides for the distribution
and settlement of electronic credits and debits among financial
institutions. Common ACH applications include direct deposit
of payroll, dividends, and annuities and recurring payments
such as mortgage, utility and insurance payments. CSI provides:
receipt of ACH files, handling of returned items and notification
of changes; origination of payroll for credit union employee
groups, collection of loan payments from other financial institutions
and resolving ACH exceptions by dealing with the Federal Reserve
and other financial institutions on behalf of credit unions.
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Credit
Card Services |
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The Affiliates
offers four programs to assist credit unions in issuing credit
cards, depending on the level of control the credit union wants
to maintain. Depending on the program chosen, we assist credit
unions with a wide range of credit card-related functions.
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Check
Imaging |
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Electronic
member statements provided by CSI's eStatements Service include
hyperlinks to interactive images of members' checks. Members
can also access research tools for finding and viewing check
images archived on CSI's Web server. Optionally, members can
also purchase a full year's check images on CD.
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Deposit Chek® |
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CSI has partnered with Early Warning Services, LLC to deliver check fraud and risk management services for Georgia credit unions. Early Warning Services is a recognized leader in the check risk reduction industry and its services are designed for meeting the needs of credit unions of all sizes. The DEPOSIT CHEK® service is one of Early Warning Services' suite of services designed to identify and prevent checking account losses.
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eStatements |
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CSI's eStatement
Service allows credit unions to securely deliver members' periodic
statements electronically. The service provides both "push"
and "pull" methodologies. The "push" method
is where the eStatement is encrypted, password protected and
sent to the member as an attachment in an e-mail. The "pull"
method is where an e-mail is sent with a link to a sign-on page
that allows a member to view, print and e-mail their statement.
Marketing materials can be presented at the Web site for the
pull method or included for delivery with the push method. Also,
interactive check images are a feature of this system.
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Gift Cards |
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Click here for information on a new gift card program offered by GCUA, the Illinois Credit Union League Service Corporation and Fidelity Financial Information Services, Inc.
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Item
Processing |
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CSI offers
the following item processing services: check collection, remittance
processing and share draft processing.
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Member
Match Services |
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To help
credit unions comply with federal and state regulations, CSI
offers assistance with OFAC compliance and the Financial Institution
Data Match Program (FIDM). CSI also runs CUNA's Project ZIP
Code Program (PZC) for credit unions.
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Share Draft Printing |
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CSI offers check printing services to Georgia credit unions at a significant discount by pooling credit unions that use CSI for share draft processing and their collective check orders for members.
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Shared
Branching |
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Shared
branching offers locations nationally and regionally without
the expense of building new branches. Georgia's shared
branching network includes four stand-alone
facilities and more than 60 outlet locations throughout Georgia.
Nationally, the shared branching network encompasses more than
1,100 credit unions, serving millions of members. At these locations,
members
can transact their credit union business using a live teller.
These transactions include but are not limited to deposits,
transfers, withdrawals, loan payments, etc.
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Statement
Printing |
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Credit
unions can obtain statement printing services (both traditional
printed statements and electronic statements) through CSI. Pricing
is very competitive and quality and turnaround are guaranteed.
Turnaround for monthly statements is 3 business days and for
quarterly statements, it is 4 business days.
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