Check Deposit Problems? We Have Solutions!

New! Check Deposit Notice Generator solves your check deposit loss and service problems. Receive a free tour of this InfoSight solution today! 

                              Check Deposit Notice Generator solves your check deposit loss and service problems!
Checks are never going away, and financial institutions have over a billion dollars in check losses annually. To compound that problem, all credit unions are blind to check deposit losses, use “check deposit funds hold notices” that don’t prevent most losses, and don’t have a complete and competent solution to generate all notices, evaluate all offered checks, train all employees, and provide “beneficial check deposit loss prevention service” to all members.

These problems currently cause large check deposit losses, significant unnecessary expenses and substandard “member check deposit service” daily and annually.

The Check Deposit Notice Generator, available exclusively through InfoSight, solves these problems for your credit union immediately by providing:

• All objective and effective loss prevention notices.
• Explanations for members as to why all actions taken on offered checks are beneficial
• A solution to train employees on check deposit loss prevention.
• An evaluator for employees who are uncertain how to manage an offered check.
• Proof of your consistent, objective, effective and beneficial member check deposit service that prevents losses.

See how the Check Deposit Notice Generator can consistently help your credit union with its current check deposit “money loss” and “member service” problems in InfoSight now!

All your employees who help members with checks for deposit have access to the Check Deposit Notice Generator, which can solve your check loss and service problems.

Access the Check Deposit Notice Generator directly from the InfoSight page. If you do not already have an Infosight Account, you can request that here.

The pricing for the Check Deposit Notice Generator is based on asset size. For credit unions under $100 million there is no charge. For credit unions $100 million in assets and over, the annual fee ranges from $550 to $2,750. However, all credit unions regardless of asset size can now access both the products with a complimentary trial for 60 days!

Please know, your unlimited access to all the other resources found in InfoSight remains dues-supported (free) regardless your credit union’s asset size. Please do not forget to take advantage of the great summaries, checklists and content that is already available for your use.

In case you missed it, Ty Parker recently provided Dakota credit unions a tour of the newest solution available exclusively from InfoSight – the Check Deposit Notice Generator. Contact Amy Kleinschmit for a link of this recorded tour.

Ty Parker is a nationally recognized speaker on credit union operational and compliance topics, who has taught programs for all state leagues, associations, CUNA and NCUA and thousands of credit unions over the last thirty-seven years. Ty is happy to help you with your questions about check deposit losses, NCUSIF coverages and accounts used for those coverages.