Share draft solutions to help hone your competitive edge


Face it: the share draft account plays a pivotal role in your relationship with your member, in addition to driving considerable income for your bottom line. Your League and VACUS understand this and have developed deep partnerships designed to help you find the strategic edge in your share draft/check program by delivering solutions that enhance your relationships with your members.

Palmetto Cooperative Services (Share Draft Processing)

Your League’s partnership with Palmetto Cooperative Services (PCS) is designed to bring affordable, state-of-the-art share draft processing and check imaging to Virginia’s credit unions. PCS processes share drafts for more than 400 credit unions in 20 states.

These credit unions entrust more than 10 million items and 125,000 returns each month to the Columbia, South Carolina operation. Owed to its expertise in credit unions’ unique needs and the volume of items it processes, Palmetto Cooperative Services can offer credit unions and their members cost-effective, value-added share draft processing.

PCS’s recent enhancements include state-of-the-art digital images, Internet retrieval services for both credit union members and staff, and the capability to integrate with a customized e-statement solution.

Deluxe Financial Services - Quality Share Draft/Check Printing

The Virginia Credit Union League has partnered with Deluxe Financial Services for quality share draft/check printing for credit unions.

Finding your strategic edge can be as simple as looking at your sharedraft/check program. Consumers identify their primary financial institution based on where they have their share draft/checking account. The share draft/check program’s numerous touchpoints – at the teller window, online or over the phone – offer cross-selling opportunities for financial institutions to deliver what consumers want and need. Making these interactions compelling and memorable is the key to increasing revenue, as well as member satisfaction and retention.

When you choose Deluxe, VACUS will donate 1% of gross sales to the Credit Unions Care Foundation of Virginia, or to your credit union's existing foundation.

Advanced Fraud Solutions - TrueChecks™

TrueChecks™ is a proven software solution that identifies counterfeit checks and demand drafts at the teller workstation. TrueChecks™ provides tellers an instant analysis of the check for better front line decisions.

TrueChecks™ stops:

  • Counterfeit Checks
  • Counterfeit Money orders
  • Counterfeit Postal orders
  • Counterfeit Travelers Checks
  • Counterfeit lottery scam drafts
  • Counterfeit overseas scam drafts
  • Counterfeit rings in your area

TrueChecks™ is a SAS 70 Type II compliant hosted solution, deployed overnight, and available on a monthly subscription service, for an all inclusive monthly fee. TrueChecks™ leverages your existing infrastructure, so there are no upfront hardware, communications or installation costs. Sign up today and eliminate your counterfeit checks at the teller window.