News Headlines

02 Feb 2024

Welcome Ormeau Credit Union

On Thursday 5th March 2021 Cholm Cille Credit Union in Inverin, Co. Galway went Live using Progress Banking. They also went Live with a brand new website and will be getting a new mobile App and full Digital capabilities in the weeks after they go live.

System Functionality

The success of Progress Banking is down to the comprehensive functionality that is available in the System.

Some of the Key Functionality available includes:

  • Integrated Nominal Ledger
  • CUSOP Clearing Network Interface
  • Integrated Document Scanning
  • Intesa San Paulo Clearing Network Interface
  • Integrated SMS Texting
  • SEPA Compliance
  • Photographs
  • PSD Value dating of transactions
  • Teller Receipt Options
  • Credit Checking Interface - CCR & ICB
  • Automated Standing Orders / Credit Transfers / EFTs /Direct Debits
  • Credit Control Workflow System
  • Budget Accounts
  • Real Time Internet Banking
  • Credit Risk Assessment
  • e-statements \ e-AGM Notify
  • Debit Card Payments In - Counter / Backoffice / Online
  • Ms Word & Excel Integration
  • Multi Collection Points
  • Teller Float Management
  • PAYAC Debit Card & Current Account
  • Automated AML Checking & Verification

In Q2 2015, we are launching some new and very exciting mobile technology services for our Credit Union users.