CU Business Capital, LLC Becomes a Reseller of RDM's Remote Deposit Capture Products

    MIRAMAR, FL and WATERLOO, ON, Jan. 14 /CNW/ - CU Business Capital, LLC
(CUBC) and RDM Corporation (RDM), a leading developer of specialized software
and hardware products for electronic payment processing, have reached an
agreement to allow CUBC to become a reseller of RDM's merchant remote deposit
capture products adding to CUBC's complete business services approach for
credit unions.
    In conjunction with WesCorp, the merchant remote deposit process is part
of CUBC's inclusive business services program to help credit unions grow
business deposits. CUBC's cash management division saves credit unions time
and money by providing complete credit union and member support for merchant
remote deposit capture, on-line business banking and other traditional cash
management services.
    "CUBC is extremely pleased to announce this new affiliation with RDM that
will help our credit union partners compete in their market place for business
deposits and generate additional fee income with an easy-to-use merchant
remote deposit capture solution for their business members," said Murray
Halperin, Senior Vice President of Marketing & Business Development, for CUBC.
RDM provides hardware, software and service solutions for electronic check
conversion, bill payment processing and other markets where imaging is a
critical business need.
    "We continue to focus on building relationships within the credit union
market," said Mike Murphy, Vice President of Marketing, RDM Corporation. "We
are eager to work with CUBC to deliver their credit union partners a vigorous
remote deposit capture solution to further round out CUBC's business services
program. RDM is one of the few companies that creates, manufactures and
provides both the hardware and software required for a customer's RDC

    About CU Business Capital, LLC

    CUBC is a national CUSO focused on helping credit unions offer a full
suite of business services that includes business lending programs, business
deposits, cash management, remote merchant capture, merchant services and
member support. These services are supported with "best-in-class" technology,
operational procedures, training, and policies. Its staff is comprised of
experienced business lending and cash management professionals, who work with
leading industry vendors as strategic partners. CUBC's approach incorporates
existing core systems in making decisions to offer business services. See
their website at

    About RDM Corporation

    RDM Corporation is headquartered in Waterloo, Ontario and trades on the
Toronto Stock Exchange under the symbol RC. RDM is a leading provider of
specialized software and hardware products for electronic payment processing.
RDM has pioneered electronic check conversion systems and web based image and
transaction management services for banks, retailers, payment processors and
government agencies as well as print quality control and image quality systems
for a variety of global customers. For further information, visit RDM's
website at

    About Wescorp

    Established in 1969, WesCorp is Western Corporate Federal Credit
Union-America's largest corporate credit union. As a financial-services
cooperative with approximately $28 billion in assets and more than 1,000
member/owner credit unions located throughout the United States and Guam,
WesCorp operates under authorities granted by The National Credit Union
Administration. WesCorp serves its credit union membership through an array of
investment, credit, payment, funds-transfer, and settlement solutions
supported by a variety of educational conferences, publications and webcasts.
Headquartered in San Dimas, California, WesCorp also provides member service
through offices in Boise, Idaho; Honolulu, Hawaii; Salt Lake City, Utah; San
Leandro, California; and Seattle and Spokane, Washington. Visit for more information.

For further information:

For further information: Credit Unions may contact: Murray Halperin, CU
Business Capital, (954) 704-5411, Email:; Media may contact: Gabi Villegas, CU
Business Capital, (954) 599-5274, Email:;
James Merwin, RDM, (519) 746-8483, Email:

Organization Profile

RDM Corporation

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890