HomeCU™ & Mid-Atlantic Bill Payment

Your members can save time and money by paying their bills electronically.

Why Offer Electronic Bill Payment?

Once your members are doing their banking online, paying their bills online is the next logical step. Adding Electronic Bill Payment (EBP) to your HomeCU package allows you to offer your members a lot of extra benefit without a lot of added cost or hassle.

With EBP, your members can pay anyone, anytime. They can schedule future and recurring payments. And because the funds are deducted directly from their credit union account, they never have to write a check or lick a stamp.

Mid-Atlantic Corporate Federal Credit Union offers a complete EBP service that will allow you to process electronic payments with a minimum of hassle, no matter what core system you use.

Why Partner with Mid-Atlantic Corporate FCU?

While several organizations offer electronic bill payment processing, we recommend Mid-Atlantic to our clients. Mid-Atlantic is a credit union serving credit unions. They understand the unique needs of credit unions, and their employees offer you the same friendly service you offer your members. Not to mention that they cut a special deal on their services to credit unions using HomeCU.

In addition, Mid-Atlantic distinguishes themselves from the competition in several important ways:

• Flexibility. All of the EBP services that Mid-Atlantic offers are available for purchase separately. You can custom-tailor your EBP service without getting locked into an expensive package deal that may include services you don’t need.
• No check and list. Some EBP processors send merchants one check with a list of names and account numbers to credit. Unfortunately, many merchants can’t accurately credit accounts when they receive payment this way. Mid-Atlantic sends separate remittance for each account.
• No float. Mid-Atlantic does not hold payments for the purpose of generating float income.
• In-House Processing. While many EBP providers outsource remittance of payments, Mid-Atlantic processes all payments in-house, including paper items. This makes it easier to solve problems should any arise.