Press Release

Florida's Largest Credit Union Upgrades Cash Recycler In Mobile Unit

FOR IMMEDIATE RELEASE

MEBANE, NC (October 15, 2013) - Suncoast Schools Federal Credit Union announces an ARCA CM18 cash recycler upgrade to its mobile branch.

The ARCA CM18 cash recycler automatically counts, authenticates and safeguards cash deposited by tellers. This advanced technology eliminates the need for tellers to count cash at the teller line and at the vault, which typically takes two to three hours of a teller’s time per day.  This technology improves teller accuracy, reduces member wait times and lowers staffing requirements.

One of the primary reasons the credit union upgraded to a cash recycler in the mobile branch was to better serve members who wanted to deposit or open accounts with cash. The mobile unit is used for disaster recovery, visits to select employee groups, school visits and community events.  

“Upgrading to the new cash recycler has allowed our team to provide the same level of service that members expect at a branch, but at our mobile branch,” said JoAnn Allen, teller operations manager at Suncoast Schools Federal Credit Union.

ARCA, the worldwide leader in cash automation solutions, has worked with the credit union for more than one year to upgrade from teller cash dispensers to teller cash recyclers throughout 53 traditional branches and one mobile branch. ARCA is pleased to partner with CTS Cashpro's CM18 recycler technology and to share in both companies' commitment to innovation and quality.


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.

About Suncoast Schools Federal Credit Union

Suncoast Schools Federal Credit Union, chartered in 1934 as Hillsborough County Teachers Credit Union, operates 53 full-service branches and serves more than 550,000 members in the following Florida counties: Charlotte, Citrus, Collier, DeSoto, Glades, Hardee, Hendry, Hernando, Hillsborough, Lee, Levy, Manatee, Pasco, Pinellas and Sumter. With assets of more than $5.4 billion, Suncoast Schools Federal Credit Union is the largest credit union in the state of Florida and the 14th largest in the United States. For more information visit: suncoastfcu.org or facebook.com/suncoastschoolsfcu.

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