Corporate America Credit Union is now a funding agent and third party service provider (TPSP) for the Real-Time Payment (RTP) network and we are excited to offer this cutting-edge service option to our member credit unions. Dough, our new suite of faster payment products, will enable you to give your members the flexibility they want and provide new opportunities for your credit union, too.
CACU Becomes Funding Agent for Real Time Payments Network
As a Funding Agent, CACU will allow member credit unions to efficiently manage their liquidity on the network at a lower cost and will fund and manage positions in the RTP Network’s joint Federal Reserve bank account on behalf of its members. CACU will be able to facilitate the settlement and 24/7 liquidity management for its credit unions in the RTP network.
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How does the settlement work?
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For more information, please contact Corporate America at (800) 292-6242 or email@example.com.