Our Services
CU-Centric's approach is simple. By using the latest in open-source and open-platform technology teamed with a true SQL database, our cost of system development is very reasonable. Features can be added rapidly without interfering with credit union operations.
Core Banking Services
Essential banking operations and member account management features.
Share Drafts
Processing for Corporate One, Mid-Atlantic, SunCorp and others. On-Line draft return processing and fee posting. Multiple overdraft options from shares, loans and Courtesy Pay.
Variable Rate Loans
Based on credit union defined index rates with individual margins that can be specified at the loan level based on credit worthiness.
Certificates
Fully automatic transfer or rollover with notice generation.
Fixed Rate Loans
Unlimited available loan types with up to 999 loans per account.
IRAs
Full IRS reporting as well as reports for managing contributions and distributions.
Open End Loans
Open-End Loans including fully automatic payment calculation and notice generation.
Club Accounts
Automated transfer and/or check printing.
Mortgage Loans
True mortgage interest payment calculations with title and insurance tracking.
Tiered Div Rates
Flexible tiered dividend rate structures for member savings.
Relationship Pricing
Rates and/or fees can be defined based on member relationship and/or credit score.
Courtesy Pay / ODP
Fully integrated Courtesy Pay/ODP with notice generation. Also compatible with SmartStep Solutions systems.
Credit Report History
On-Line access to Credit Reports from TransUnion, Equifax, Experian, and Factual Data.
Advanced Processing
Real-time processing and advanced member services.
Collections
On-Line collections system with custom sorting, collection specific notes, credit reporting override options, late fee override, and integrated charge-offs.
Application Tracking
Fully integrated on-line Loan Application and reporting system with automatic population of debts from credit report, system generated adverse action letter, and system calculated debt ratios.
On-Line ATM
Batch and Live ATM processing from Corporate One, Certegy, Mac East, MPS, Star and others.
On-Line Debit Card
Batch and Live Debit Card processing from Corporate One, Certegy, MPS, and others.
ACH Warehouse
Live in-house Credit Card posting and authorization with integrated statements and payment coupon.
On-Line Credit Card
Batch and Live Credit Card processing from Corporate One, Certegy, MPS, and others.
Live Voice Response
Live Voice Response system utilizing text-to-speech technology eliminating the need to pre-record promotional messages.
Live Internet Banking
Live Internet Banking with integrated Bill Pay.
Live Shared Branching
Live Shared Branching with Co-op Financial Services.
Accounting & Finance
Comprehensive financial management and reporting tools.
Integrated G/L
Fully integrated General Ledger with automatic End Of Day G/L Entry generation. Fully customizable G/L reporting for Income Statement and Financial Statement.
Automatic Month-End
Fully scheduled and automated End-Of-Day and End-Of-Month. Backups can be transmitted to a secure off-site location with process monitoring.
Branch Accounting
Full Branch Accounting using Cost Center Accounting allows the credit union to drill down expenses to a specific unit or branch.
G/L Budget Tracking
Yearly G/L Budget entry with comparison reporting. Copy actuals by month or average over the year eases G/L Budget entry.
Integrated A/P
Quick vendor check printing or vendor invoice entry for payment later. Full history of vendor payments as well as affected G/Ls.
Investment Tracking
Fully integrated investment tracking with automatic G/L entry generation and detail reporting.
Fixed Assets
Fully integrated Fixed Asset management (as well as Pre-Paids) by Location and/or Type with automatic G/L entry generation.
ALM Interface
Asset Liability Management Interfaces with Brick, CUPRO, and ProfitStar.
Technology & Security
Enterprise-grade infrastructure and security features.
On-Line Reports
All reports generated in Adobe Acrobat PDF format. Reports may also be generated in CSV format for easy import in Microsoft Excel or other spreadsheet programs.
ID Imaging
Unlimited images (license, signature card, etc.) can be scanned at the teller line and attached to a member's folder.
Signature Capture
Fully paperless signature capture is available at the Teller Line storing the member's signature eliminating paper storage.
Integrated OFAC
Direct on-line processing of OFAC files from the U.S. Treasury eliminate the need for third party processing.
Integrated Red-Flag
Fully integrated Red-Flag (Watch List) reporting and management. Define your own internal Watch Lists.
Assisted Cross-Sell
Using information from on-line credit reports, the system can suggest cross-sell opportunities utilizing your current loan rates.
ODBC Interface
Industry standard Open Source database accessible using any ODBC product such as Crystal Reports and Microsoft Excel.
On-Line Help
Immediate, printable, on-line help gives you access to documentation specific to the function you are performing.
PostgreSQL Database
Backed by the Industry Standard Open Source Database: PostgreSQL, recognized as the most powerful Open Source database available.
Red Hat Linux Server
At the heart of CU-Centric is Red Hat Enterprise Server – a Linux distribution known for security, robustness, and performance.
Browser Based
No software need be installed on workstations except your standard internet browser, eliminating per user licensing costs.