- Reclaim up to 10% of your transactional deposits for reinvestment
- Permanently recover your Federal Reserve Bank balance
- Immediately impact your bottom line in less than 45 days with Deposit Reclassification
Sherry L. White Vice President of Branch Operations
Before the credit union implemented C3 Financial we relied upon guesswork at a branch to determine our cash needs. We would pour over old cash position reports at a management level to review cash usage for Christmas, tax time and other seasonal events to set cash limits. This review took time and was often not used properly by our branches.
C3 Financial calculates our usage and reviews our historical data to shape our true cash needs for orders and deposits and puts this information right at our fingertips. We have saved time, become more efficient and our cash levels have decreased even as we grow our footprint. By reducing our cash we have been able to mitigate our risk and address our security concerns for our cash. SeaComm FCU has accomplished our cash management goals with logicpath and we are extremely satisfied with our experience.