WASHINGTON — Members of credit unions affiliated with CO-OP Financial Services will soon be able to deposit their checks in their credit union accounts using a smart phone.
CO-OP's My Deposit Mobile is currently an application on Apples' iPhone platform but CUSO executives said they are working toward having a version of the application available for the Google Android by the end of 2011.
The application takes a picture of a members' check and transmits it to the credit union in an imaged format the CU can use to clear the check and deposit the funds in the members' account.
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