Minnesota Item Processing Corporation (MnIPC) is an independent check processor that has served credit unions for more than 30 years. Organized as a CUSO, MnIPC provides a full suite of item processing services that offer quality, cost-effective products.
MnIPC’s suite of check processing services includes: inclearings, return items and image archive, along with branch, remote, home and smartphone deposits. MnIPC handles the duties associated with processing member checks and provides professional customer service to resolve inquires quickly and efficiently. Their services include:
- Sending MICR posting files to the credit union’s host system or service bureau for easy posting
- Automated features for reporting member return items and collecting the funds
- Online access to a seven-year archive of check images – credit unions can interface their homebanking and eStatements to the same archive
- Easy online adjustment reporting and resolution
- Settlement of funds to credit unions’ designated account
- Easily-reached and helpful staff to assist credit unions
- Participation in a check-based image exchange solution compliant with the Check 21 Act.
With a strong dedication to credit unions, MnIPC’s experience staff provides unsurpassed customer service to their clients. They are dedicated to offering check processing solutions that provide benefits to both credit unions and their members.
Equally important to its services are the cost-saving opportunities available to credit unions through MnIPC. With minimal dependence on outside financial institutions, MnIPC is strategically positioned to serve credit unions in all aspects of check processing. MnIPC’s continuing goal is to provide credit unions with a quality, cost-effective check processing alternative. |
