A typical check being processed through the Fiserv item processing service.

Some credit unions, in deciding not to reinvest in their corporates, have also decided to move one of the core functions that led to the creation of corporates in the first place–item processing.

That’s the case at the $178 million Gateway Metro Credit Union, which has moved its business from the former league item processing center (now iVia Exchange Services) at the Missouri Credit Union Association to Fiserv Inc., the longtime provider of the credit union’s Portico core processing solution.

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