Press Release

Bank-Fund Staff FCU Chooses ARCA Cash Recycler

CM18 installed in all branches of one of the country’s largest credit unions

MEBANE, NC (Dec. 18, 2012) – Bank-Fund Staff Federal Credit Union, which serves employees of the World Bank Group and International Monetary Fund, recently placed ARCA’s CM18 cash recycler in all of its branches.

“After seeing the CM18 in action at an industry event, we requested an in-branch trial,” said Francois Verleysen, General Manager, Community Relations and Membership Development. “When our tellers tested out the solution, they were as impressed with it as we were.”

The CM18, which handles deposits and withdrawals automatically in a UL 291 safe, takes the place of exposed teller drawers. With a small footprint, it works in nearly any setting and is available in sit-down and stand-up configurations. It also helps streamline operations for busy financial institutions – an important feature for BFSFCU, the country’s 33rd largest credit union.

“We chose to partner with ARCA because of the quality of its product and its reasonable pricing,” said Verleysen. “For us, the CM18 was a very smart investment.”


About ARCA

ARCA’s solutions help people control and streamline cash operations in financial institutions, retail stores, and self-service kiosks around the world. Our overriding drive is to develop technology and services that make transactions simpler, more efficient, and more secure. Visit us at www.arca.com to see how we are reimagining everyday transactions—freeing people to focus on what matters most.

Media Contact

US
Katlyn Proctor
Communications Specialist
1151 Holmes Rd.
Mebane, NC 27302
Tel. (919) 525-2719
k.proctor@arca.com

EU
Carola Mina
PR Specialist
Corso Vercelli 332
10015 Ivrea (TO)
Italy
Tel. +39 0125 674540
c.mina@arca.com

About Bank-Fund Staff Federal Credit Union

Bank-Fund Staff Federal Credit Union (BFSFCU) is a full-service financial cooperative organized and chartered in 1947 for employees of the World Bank Group and International Monetary Fund. In the past 65 years, the credit union has grown from 96 members and nearly $3,000 in assets to over 70,000 members and more than $3.3 billion in assets. As of year-end 2011, BFSFCU is the 33rd largest credit union in the U.S. when ranked by asset size. For more information, visit www.bfsfcu.org.