CUNA Mutual Group’s Cash Management & Liquidity Optimization Project

CUNA Mutual Group partnered with GTreasury to develop a completely unique, PCI compliant centralized “Payment Hub” treasury system. The GTreasury payment hub is a first of its kind payment system that can accommodate all the unique requirements of; internal interfacing, financial institution funds transfers and notifications, centralized controls, audit compliance, and front end staff enabling.


Highlights:

  • Initiated 444,000 ACH payments out of GTreasury in one day
  • Reduce the balance sheet cash assets by $70 million
  • Enhanced its cash optimization, reducing the cash balance sheet assets from 3.1% to 2.7%


CUNA Mutual Group’s Cash Management & Liquidity Optimization Project

CUNA Mutual Group partnered with GTreasury to develop a completely unique, PCI compliant centralized “Payment Hub” treasury system. The GTreasury payment hub is a first of its kind payment system that can accommodate all the unique requirements of; internal interfacing, financial institution funds transfers and notifications, centralized controls, audit compliance, and front end staff enabling.
 

Highlights:

  • Initiated 444,000 ACH payments out of GTreasury in one day
  • Reduce the balance sheet cash assets by $70 million
  • Enhanced its cash optimization, reducing the cash balance sheet assets from 3.1% to 2.7%

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“GTreasury has allowed for us to process around 1.5 million transactions, totaling $2.5 billion, and the generation of more than 2,200 accounting entries that feed into the general ledger monthly."

Kris Conway, Senior Manager of Corporate Treasury, CUNA Mutal Group

“GTreasury has allowed for us to process around 1.5 million transactions, totaling $2.5 billion, and the generation of more than 2,200 accounting entries that feed into the general ledger monthly.“

Kris Conway, Senior Manager of Corporate Treasury, CUNA Mutal Group