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© 2006 - 2008 First American Credit Union. All Rights Reserved. |
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How It Works
The Elec Check system streamlines the process by removing middlemen and opportunities for error. It authorizes the transaction, transfers funds electronically from the point-of-sale to an Automated Clearing House (ACH), and forward
it to a bank for processing. For more information, contact Linda Barron at 608-289-5275.
Benefits For You
• Lower cost of accepting checks.
• Faster re-deposit and availability of funds.
• Improved customer service because you can treat your check writing patrons more like credit card customers.
• No more NSF checks.
• Simplified funds management with lower bank fees and simplified retail back-office preparation.
• No more trips to the credit union for check deposits.
