February 24, 2017
CHARLOTTE, NC – Feb. 23, 2017 – Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes, announced that Lancaster, S.C.-based Founders Federal Credit Union ($1.9 billion in assets), has successfully implemented its 6-Series kiosk within 27 branch locations, resulting in efficiencies for both members and staff through a streamlined branch experience.
Earlier this year, while experiencing a surge in growth, Founders Federal Credit Union began a rigorous selection process for self-service branch automation technology that could help better manage the flow of traffic within its branches at peak times and enhance the member experience. Ultimately, the credit union selected Source Technologies’ 6-Series kiosk, which is designed to adapt to support any number of applications, noting its user-friendly interface and proven ability to function within the branch.
After selection, Founders FCU piloted the kiosk at three of its branch locations. Each kiosk was paired with LobbyCentral® customer check-in software. This coupling of the two allowed the credit union to better track wait times, visit types and transactions. Results stemming from the pilot were immediate and the credit union reported that its branch managers were able to more actively monitor branch activity based on member-waiting times and their transaction needs. In turn, branch managers leveraged this information to prioritize their staff based on the needs of members, creating a more efficient branch environment for members and staff alike. Based on the success of the pilot, Founders FCU is now implementing the 6-Series kiosk across its branch network.
“Implementation of the 6- Series kiosk has had a tremendous positive impact our branch experience,” said Bruce Brumfield, President and CEO at Founders Federal Credit Union. “The improvements we’ve realized have exceeded our initial expectations. Our branch managers find the self-service kiosks to be most beneficial in monitoring member service in real-time, helping them support staffing needs. Our members find the kiosk reassuring as a way we are listening their feedback and implementing solutions to best serve their needs.”
“Self-service automation, when done right, delivers solid results for financial institutions,” said Keith Hamilton, CEO of Source Technologies. “The results Founders FCU realized by implementing the 6-Series kiosk speaks to the role self-service technology plays in the ongoing evolution of the branch banking experience, and to our commitment as a company in meeting the strategic needs of our customers.
The credit union, one of the largest and most innovative in the nation, was founded in 1950 in Fort Mill, South Carolina to provide financial services to the employees of Springs Industries, Inc. Founders now serves over 200,000 members with 25 offices and three service centers in North and South Carolina. The credit union has over $1.9 billion in assets. Founders Federal Credit Union is federally insured by NCUA.
Founded in 1986, Charlotte, NC-based Source Technologies is redefining the branch channel by helping banks transform their branches with automation, innovative technology and superior engineering. The company’s print solutions empower businesses to automate the secure printing of sensitive information and negotiable documents, and its ground-breaking transactional and interactive kiosks for self-service and retail applications enhance the self-service experience. Customers include 6 of the Top 10 US banks, 69 of the Fortune 100, and thousands of small and mid-sized companies. For more information, visit www.sourcetech.com, or follow them on Facebook, LinkedIn, and Twitter.
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