With the exponential growth of check imaging now yesterday’s news, it’s not surprising to see many community bankers moving into private exchange networks. Most offer some savings on items cleared directly between members versus the standard per item rates charged by the Federal Reserve or other providers. However, community bankers should be aware that they may save much more than money by choosing an exchange network managed by a bankers’ bank.
Highest on the list is peace of mind. The central tenet of . . .
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