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 is a global leader in cash automation technologies with a reputation for delivering reliable products with the shortest lead times in the industry and a commitment to excellence in service and support for the life of our products. Financial institutions, retailers, and OEM self-service and kiosk manufacturers all over the world rely on ARCA products to streamline their cash operations and save them time and money while increasing the efficiency and security of cash. Visit arca.com for more information.
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.
Media Contact
Bryan Dooley
ARCA
1400 Dogwood Way
Mebane, NC 27302
Tel. (919) 442-5200
b.dooley@arca.com