Catalyst Corporate Federal Credit Union and Glory introduce the Glory TellerInfinity™ assisted service solution, integrated with Catalyst Corporate’s TranzCapture™ next-generation remote deposit software. Marietta, Ga.-based LGE Community Credit Union now has 11 Glory TellerInfinity™ units live, representing six branch locations, with an additional 19 assisted service units projected to be deployed by the end of 2019.
Glory’s TellerInfinity™ solution delivers transactions traditionally performed by tellers and self-service channels – such as check, currency and coin deposits, withdrawals, bill payments, account transfers, statement and official check printing – through a single device. Branch staff equipped with an interfaced tablet interact one-on-one with credit union members when needed, serving in essence as personal financial officers.
“Branches are still a key service delivery channel, but their role is changing,” said Chris Leggett, President and CEO of LGE Community Credit Union. “Since coming out of the recession, LGE’s branch transactions have declined by up to half their prior level, while home banking and mobile transactions have increased. Large branches with multiple drive-through lanes are not being used like they once were.”
“The Catalyst Corporate and Glory solution allows us to serve members more efficiently and cost effectively,” Leggett said. “Members can perform most transactions independently at the devices. That frees up staff to give personal attention to those members who need a level of care beyond standing at a teller counter.”
Adding the kiosks has allowed LGE to reduce the footprint of multiple branches, reconfiguring teller counters to open plan environments, as well as helping eliminate in-branch ATMs and night drop boxes. Leggett said the credit union has seen continued growth and improved efficiency since introducing the assisted service devices, noting that communicating benefits of the new solution to members is key to a successful transition.
LGE evaluated and tested several technologies before landing on the Catalyst Corporate and Glory solution.
“It’s a good partnership,” said Leggett. “Catalyst Corporate handles the deposit processing from multiple channels. It’s seamless and efficient. Glory’s TellerInfinity assisted service devices are helping transform our branches and member relationships, and Glory is very flexible and willing to work with us to solve challenges.”
“We believe the relationship with Glory opens up substantial new opportunities for credit unions, such as LGE,” said Brad Ganey, Catalyst Corporate’s Senior Vice President and Chief Operating Officer. “Glory is well recognized in the industry for quality and reliability, and their solutions offer a broad feature set. They strongly complement our portfolio of payment services, and our members stand to benefit.”
Glory is the latest in a growing number of best-in-class solution providers to interface with Catalyst Corporate’s TranzCapture open platform, aligned with Glory’s strategic approach to partnering with third-party software providers. This helps Glory maximize choice for financial institutions looking to activate assisted service solutions.
“The partnership with Catalyst Corporate provides Glory an opportunity to expand its solution in the financial marketplace,” said Joe Cooper, VP Software Alliances, Glory. “We look forward to working with Catalyst Corporate’s membership base.”
For more information on Catalyst Corporate and Glory branch automation solutions, email contactus@catalystcorp.org or call 800.442.5763.
About Catalyst Corporate Federal Credit Union
Catalyst Corporate Federal Credit Union is a not-for-profit, member-owned financial institution that serves more than 1,400 member and client credit unions throughout the country. Catalyst Corporate provides its members with core financial services and back-office support, including a full suite of payment solutions, liquidity, investment options and balance sheet management assistance. For more information, visit www.catalystcorp.org.
About LGE Community Credit Union
LGE Community Credit Union provides full-service, federally insured banking to over 112,000 people in northwest Georgia, with better rates and lower fees than typically found in a big bank. LGE serves all residents and businesses within Cobb, Paulding, Cherokee and Fulton counties. Since 2010, LGE has invested over $750,000 in the lives of those in the community, including children, homeless, abuse victims and those who fall on hard times. For further information, visit www.lgeccu.org.
About GLORY
As a global leader in cash technology solutions, we provide the financial, retail, cash center and gaming industries with confidence that their cash is protected and always working to help build a stronger business.
Our cash automation technologies and process engineering services help businesses in more than 100 countries optimize the handling, movement and management of cash. While we span the globe, we personally engage with each customer to address their unique challenges and goals — enhancing staff efficiency, reducing operating costs and enabling a more rewarding customer experience.
Employing over 9,000 professionals worldwide with dedicated R&D and manufacturing facilities worldwide, GLORY is built on a rich customer-focused, technology-driven heritage spanning almost a hundred years.
For further information please visit www.glory-global.com.
Media Contacts:
Catalyst Corporate Federal Credit Union
Terry Young
Vice President, Communications & Marketing
800.442.5763, Ext. 7841
LGE Community Credit Union
Scott Brooks
VP, Marketing & Business Development
770.421.2584
Glory Global Solutions
Paul Race
Director of Global Marketing
+44 (0) 7887 052366
paul.race@glory-global.com
