New Enhanced Online Vault

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  • Services

    1. Additional Document Capture. Allows the Credit Union to now capture any membership document including miscellaneous membership forms.
    2. AP (Accounts Payable) Invoices. Permits for the scanned Capture of AP invoices, and printing of AP invoices to ProDOC™ provided the credit union has SwiftView™ and ProDOC™ printers installed.
    3. Loan Support. Allows the Credit union to now capture any document deemed necessary to support a loan, NADA, CARFAX, etc. and to print documents to ProDOC™ provided the credit union has SwiftView™ and ProDOC™ printers installed.

    Fees

    1. Setup Fee. Credit Union will pay a one-time $250 Setup Fee. If the Credit Union is already utilizing the AP Invoice capture feature then only a one-time fee of $100 will be charged.
    2. Miscellaneous Membership Fee. Credit Union agrees to pay a fee of $50 per miscellaneous membership form setup at their request.
    3. Monthly Fee. Credit Union agrees to pay a Monthly fee based on membership size:
      • 1 – 3000 Members$100/month.
      • 3001 – 5000 Members$200/month.
      • 5001 – 7500 Members$350/month.
      • 7501 + Members$500/month.

    Term

    I understand that if I sign up for this service it is in effect until December 31st of the year in which this agreement is signed and will automatically renew for another 12-month period beginning and ending on the calendar year unless I provide 30 days’ notice prior to renewal.

    Restrictions

    1. Best Practices. My Credit Union agrees to utilize best practices when scanning documents, so file sizes remain small which has numerous benefits including: Faster retrieval times, potentially lower costs for receiving data on media, keeping overall costs for utilizing the system low. These best practices include:
      • Not scanning in color.
      • Scanning at a DPI of less than 300
      • Using Black and white where possible
      • Breaking documents up that are very large – greater than 30 pages.
    2. Document Return. I understand that by adding additional data to the system it may increase my costs for obtaining my data on external media as additional media may be required.
    3. Data on Disk. Allows the Credit union to now capture any document deemed necessary to support a loan, NADA, CARFAX, etc. and to print documents to ProDOC™ provided the credit union has SwiftView™ and ProDOC™ printers installed.
    4. No Warranty/Acceptance of Risk. I understand that no technology or system is free from risk of incident or loss of data. Therefore, I understand that I am responsible for making sure data is archived as intended and accept the risk of loss of data.
       

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    Updated
    June 5, 2017

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