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Vertifi Signs 100th Remote Deposit Capture Service User

October 19, 2012 - Burlington, Mass. -  Vertifi Software, LLC, a Credit Union Service Organization (CUSO) of Eastern Corporate Federal Credit Union (EasCorp), announced today that it recently added four additional credit unions to its growing list of DeposZip users, bringing the total number of participating credit unions to 100.

The four new users are: $234 million Agriculture Federal Credit Union of Washington, D.C.; $678 million Pacific Marine Credit Union of Oceanside, California; $562 million Sb1 Federal Credit Union of Philadelphia, Pennsylvania; and $916 million Unitus Community Credit Union of Portland, Oregon.

“DeposZip’s popularity within the credit union community is unsurpassed, and we are pleased with how enthusiastically it is being embraced,” says Alan Bernstein, president of Vertifi Software. Sb1 Federal Credit Union is Vertifi’s 100th DeposZip service user. Linda Weber, senior vice president, member services at Sb1 FCU says, “We were drawn to DeposZip because of Vertifi’s outstanding reputation. We feel that their product is the best way for Sb1 FCU to meet our members’ demand for a mobile deposit channel.”

Vertifi’s DeposZip® suite of RDC products is the credit union industry’s leading RDC program and includes mobile- and PC-based versions. It enables consumers and businesses to deposit checks to their credit union accounts via a web-enabled PC and program-supported scanner, or via downloadable applications (apps) for program-supported smartphones and tablet devices, which include the iPhone®, the iPad®, the iPod touch®, and Android™ phones and tablets.

Fueled by the demand for mobile, DeposZip has reached several additional key milestones in 2012. Since inception, Vertifi has processed more than $2.4 billion in deposits for participating credit unions. More than 400,000 credit union members are presently registered, and they are making more than 200,000 deposits each month.

About Vertifi Software, LLC
Vertifi Software, LLC (Vertifi) is a credit union service organization (CUSO) of EasCorp. It was established in 2009 to provide payment systems software and services to financial institutions in the United States. Its flagship product, DeposZip®, was the first remote deposit capture service built for household consumers and made available commercially to and through financial institutions as a hosted service. Vertifi presently provides branch capture, image cash letter, mobile banking, software development, and statement rendering services to more than 200 financial institutions. For more information, please call (800) 428-1144, or visit Vertifi at www.vertifi.com.