Bankers Systems Launches ARTA Deposit for Credit Unions

Bankers Systems has released ARTA Deposit for credit unions, the companys deposit documentation system developed specifically for credit unions. ARTA Deposit for credit unions gives credit unions the ability to efficiently open deposit and savings accounts, term share certificates/Certificates of Deposit (CDs), and individual retirement accounts (IRAs) through one easy-to-use documentation system that helps a credit union be in compliance in all 51 jurisdictions. ARTA Deposit for credit unions can be used to open both consumer and business deposit accounts by producing the account agreement and required disclosures, as well as various other supporting documents. ARTA Deposit for credit unions can be integrated with Bankers Systems PATRIOT Act Connection solution -- an automated, risk-based tool that allows credit unions to integrate their "Customer" Identification Programs (CIPs) into their work flow. The PATRIOT Act Connection solution can help a credit union verify and validate consumer and business member data.