Summit Credit Union selects IBT’s i2CUBC Branch Capture Solution

December 2, 2011

Tools

CEDAR PARK, Texas--(BUSINESS WIRE)-- Innovation. Imagination. Integration. IBT a leading innovator of financial services products and best of breed solutions in process innovation and customer experience, today announced that Wisconsin-based Summit Credit Union has completed the installation of i²CUBC, its Credit Union Branch Capture forward presentment technology. Branches scan their checks to create a digital deposit that is sent directly to the correspondent in the early evening. Its implementation throughout the branch network showed immediate improvement in management's next day 100% funds availability objectives. As a standard feature, images are also available for immediate viewing at every branch location through IBT’s integrated on-line channel. The advanced functionality and superior ease of use provide the foundation for cost saving process improvement throughout Summit Credit Union’s 24 branch network.

"Today, healthy institutions, such as Summit Credit Union, continue to make investment in innovation a priority to improve the quality of service and bring new value to its members," said Mike Golebiowski, president of IBT.

About Summit Credit Union

Located in Madison, Wisconsin, Summit Credit has been doing business for more than 75 years and is one of the largest, healthiest, and most financially sound institutions in Wisconsin that boasts assets of $1.6 billion. As a not-for-profit financial cooperative, the profits are returned directly to the members. Anyone can join Summit Credit Union. Once you're a member, you're a member for life. If you move, retire, or change jobs, you'll always be able to enjoy the benefits of membership.

For more information, visit www.summitcreditunion.com

About IBT

Cedar Park, Texas-based IBT specializes in delivering financial institutions with a robust core processing application and mobile banking platform with complete channel integration and enterprise effective automation including integrated payments and real time alerts for the customers. IBT also provides image capture applications for the front and back teller counter and also provides 24/7 support services. IBT’s integrated design is focused to improve internal processes, provide real time information across all delivery channels, and enhance a financial institution’s overall customer experience while making the cost of ownership affordable.

For more information, visit www.IBTapps.com