With more than $1.5 billion in assets, University Federal Credit Union (UFCU) is Austin's largest locally-owned financial institution and serves over 150,000 members. UFCU recognized that mobile banking applications provide the convenience that their customers demand. Many UFCU members are students at University of Texas and other local universities and their parents often live outside the area. UFCU understood Mobile Deposit provides immediate benefits to both students and parents, as well as the broader member community.
UFCU is committed to bringing their members more convenience, and enabling them to do business with UFCU however they choose. Mobile Deposit plays an important and growing role in this strategy. Parents can now deposit funds that students need for college directly into the student’s account using their mobile device. And for students, they no longer have to drive to a branch or mail in a check to make deposits. To learn more about UFCU's incredible success with Mobile Deposit, please download their case study.