CheckMate - Deposit & Cash Services
CenCorp offers deposit processing and cash service through strategic alliances developed with financial institutions. CheckMate features 100% next-day availability, which allows your credit union to increase your investment earnings through the elimination of float, simplified accounting procedures and flexible deposit and cash arrangements. When evaluating your deposit and cash alternatives, consider the following advantages of using CenCorp:
Deposit Processing
- 100% Next-Day Availability. 100% of your check deposit is available in your interest bearing Hi-Yield account following the day of deposit. No deferral of availability, no reserve requirement - all of your funds are working for you.
- Co-Mingled Deposit. Make a single deposit for all of your items, including most foreign checks and redeemed savings bonds. You will receive next-day availability on the whole deposit.
- On-Line Reporting. Use EDGE On-line to view your account balances and verify daily deposits. View your CheckMate billing statement through EDGE On-line.
Cash Services
- Flexible Scheduling. Have cash delivered when and where you need it. CheckMate supports multiple deliveries per week.
- Cash Ordering. Order currency and coin in the amount you need any time on the internet through EDGE On-line or through our Touch-Tone system. Order currency by the strap and coin by the box. Redeposit excess or mutilated currency and coin.
For more information, please contact your Business Development Representative at (888) 236-2677 or marketing@cencorpcu.com.
