America’s Credit Union Selects CetoLogic’s C3 Financial to Reduce Cash Inventory, Streamline Cash Management


ATLANTA, Sept. 15, 2014 – CetoLogic, a leading provider of software and analytics for financial institutions and retailers, announced today that Fort Lewis, Wash.-based America’s Credit Union, a $427 million asset credit union, will implement CetoLogic’s C3 Financial cash management and predictive analytics solution to reduce cash levels and improve efficiencies in its cash management process.

“America’s Credit Union’s cash levels are in excess of our needs, so it is clear we need to better identify our cash positions to reduce our cash inventory,” said Debbie Hodous, chief financial officer for America’s Credit Union. “C3 Financial will not only help us reduce the amount of cash on-hand at our branches, but it will completely streamline the cash management process by providing a central console to communicate and manage cash orders for the entire retail footprint and accurate cash order recommendations based on member demand, removing these time-consuming responsibilities from our branch staff.”

C3 Financial includes predictive analytics that provide America’s Credit Union with forecasts on cash needs based on the credit union’s historical cash usage. Additionally, the solution integrates with America’s Credit Union’s armored car provider, Loomis, which enables the credit union’s 14 branches and 25 ATMs to automatically submit orders for fulfillment – further simplifying America’s Credit Union’s cash management efforts while eliminating redundant ordering processes.

“Cash management can be a tedious, time-consuming process, but a predictive and centralized solution like C3 Financial enables institutions like America’s Credit Union to easily determine and submit cash requisitions to service each branch’s unique membership and automate the ordering process, which in turn eliminates cash outages and overages,” said David Austin, vice president of CetoLogic. “Not only does C3 Financial free up valuable resources, but it enables today’s financial institutions to have a better handle on one of their largest non-earning assets.”

About America’s Credit Union

America’s Credit Union is a full service, fully insured financial cooperative established in 1954. As opposed to banks and other financial institutions, we are member owned and operated. Here, you are not just a customer, you are a member with a voice in how America’s Credit Union is run. Our services and rates are provided for your benefit and our profits are returned to you in the form of higher returns on deposits, lower lending rates and greater access and convenience.

About CetoLogic

Atlanta, Ga.-based CetoLogic provides software solutions and analytics to financial institutions and retail organizations. CetoLogic proudly services the needs of more than 1,500 clients in 50 states and Canada by providing “Smart Solutions that Make Dollars and Sense.” CetoLogic is the designer of C3 Financial, a web-based cash forecasting and management software. CetoLogic also pioneered Deposit Reclassification, a retail sweep program designed to eliminate reserve balances. CetoLogic’s solutions improve earnings, efficiencies, risk management and operations.