Members of credit unions that use CO-OP Financial Services may soon be able to make deposits into their credit union accounts by taking pictures of them with their mobile phones.
Dubbed CO-OP My Deposit Mobile, the software will allow credit union members to take a picture of the front and back of their check, enter the check amount and complete the deposit, the payments and ATM CUSO announced.
"CO-OP My Deposit Mobile helps credit unions attract new members from growing consumer segments that expect flexible, easy access points to their accounts," said Stan Hollen, CEO of CO-OP Financial Services. "These members include the young, the tech-savvy and those who are cancelling their land lines in favor of mobile phones."
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