Alogent's Unify Platform Transforming Altra Federal Credit Union
Alogent, a recognized leader in banking and financial services software, has been chosen by Altra Federal Credit Union to utilize its innovative Unify platform for modernizing and consolidating deposit operations. This strategic decision highlights Altra's ongoing commitment to enhancing operational efficiency and providing superior member service.
Streamlining Deposit Operations
The implementation of Unify signifies a major step forward for Altra, as it aims to centralize all item processing, encompassing mobile deposits and self-service transactions at ATMs and ITMs. This centralization is expected to boost the speed and accuracy of processing transactions while effectively reducing operational overhead.
In an increasingly digital banking environment, the ability to streamline processes not only reflects a commitment to efficiency but also improves the overall experience for members. With Unify, Altra will be able to enhance both internal operations and the user experience across multiple channels, whether digital or in-branch.
Comments from Leadership
“Unify allows us to simplify our infrastructure and eliminate manual processes across our deposit workflows,” stated Jennifer Cyert, Vice President of Deposit and Payment Strategies at Altra Federal Credit Union. This advancement positions Altra to deliver services that are more efficient and accurate, elevating responsiveness toward their members' needs.
Cyert further adds that the capabilities of Unify empower their Payments team to concentrate on advancing their Faster Payments Roadmap, ensuring they stay ahead in the competitive financial services landscape.
Company Overview of Alogent
Alogent specializes in providing end-to-end solutions for check payment processing, comprehensive content management, and omni-channel digital banking platforms. These services are designed for financial institutions ranging from credit unions to large national and international banks. With an approach that encompasses the entire transaction ecosystem, Alogent captures transaction data and automates workflows, ensuring seamless access and improved efficiency throughout the organization.
The solutions offered by Alogent leverage cutting-edge machine learning and predictive analytics, enabling financial institutions to create personalized experiences while making data-driven decisions. Their commitment to innovation allows banks to enhance engagement with their customers effectively.
About Altra Federal Credit Union
Altra Federal Credit Union operates as a full-service cooperative financial institution with over 157,000 members and assets approximating $3 billion. With 17 branches across six states, Altra maintains a strong presence in the financial sector. Originally founded in 1931 as Trane Federal Credit Union, the organization is based out of Onalaska, WI.
As a not-for-profit member-owned institution, Altra emphasizes fostering member loyalty through a wide array of services that encourage community growth and individual financial success. Their offerings include personal and business banking, lending, and investments, ensuring members have access to essential financial tools both online and offline.
Frequently Asked Questions
What is Alogent's Unify platform?
Alogent's Unify platform is an advanced solution designed to streamline deposit operations within financial institutions, enhancing processing speed and accuracy.
How will Altra benefit from using Unify?
By implementing Unify, Altra Federal Credit Union will experience improved operational efficiencies and a superior member experience across various banking channels.
Who is Jennifer Cyert?
Jennifer Cyert is the Vice President of Deposit and Payment Strategies at Altra Federal Credit Union, responsible for leading innovative initiatives in deposit operations.
What types of services does Alogent provide?
Alogent provides comprehensive solutions for check payment processing, content management, and digital banking tailored to various financial institutions.
What is the history of Altra Federal Credit Union?
Founded in 1931 as Trane Federal Credit Union, Altra has grown into a nationwide institution serving over 157,000 members with a wide range of financial services.
