Payment Services
Payment Services for Stronger Member Support
Always backed by excellent customer service.
Tricorp helps credit unions handle essential behind-the-scenes payment activity like ACH, settlement, wire transfers, and real-time payments. With our secure online banking platform, Premier View, and a support team that knows your credit union, you can simplify day-to-day operations and confidently support the transactions your members rely on.
Our Payment Solutions
Tricorp simplifies settlement by allowing eligible transactions from multiple providers to flow through one Overnight Account. This gives your team a clearer view of daily activity while reducing the need to maintain separate accounts, send routine wires, or reconcile balances across multiple accounts. Funds remain in an interest-bearing account until settlement, helping your credit union put more of its cash to work. If settlement activity exceeds the available balance, an established Tricorp line of credit can also provide automatic overdraft protection.
Tricorp simplifies settlement by allowing eligible transactions from multiple providers to flow through one Overnight Account. This gives your team a clearer view of daily activity while reducing the need to maintain separate accounts, send routine wires, or reconcile balances across multiple accounts. Funds remain in an interest-bearing account until settlement, helping your credit union put more of its cash to work. If settlement activity exceeds the available balance, an established Tricorp line of credit can also provide automatic overdraft protection.
As a certified provider for The Clearing House’s RTP® network and the Federal Reserve’s FedNow® Service, Tricorp helps credit unions offer real-time payments with a partner they already know. Your members can transfer funds between eligible accounts, receive emergency payroll payments, or pay invoices with immediate confirmation. We act as your funding agent, simplifying the process of funding and reconciliation. Regardless of your core system, our team is ready to assist with implementing real-time payment capabilities so your credit union can give members faster access to funds, greater flexibility, and confidence that their payments have been completed.
Through ACHConnect, Tricorp supports ACH receipt, origination, returns, and exception handling in one flexible online platform. Daily activity can be delivered to your credit union or directly to your data processor, while one-time and recurring transactions can be set up to fit your workflow. Built-in controls help manage risk, and Tricorp’s connection with NEACH provides added support when resolving member issues. Credit unions can also give eligible business members access for payroll or payment processing, creating an additional service opportunity and potential source of fee income.
As the wire correspondent for our member credit unions, Tricorp supports secure incoming and outgoing domestic wire transfers through our online banking platform, Premier View, with reporting and authorization controls built into the process. Recurring wires can be set up for routine transfers, helping reduce repetitive entry and saving staff time. We also support foreign wire transfers as part of our international payment services. All wire activity posts directly to your Overnight Account, and experienced Tricorp staff are available when your team needs assistance.
Tricorp helps credit unions support members with financial needs that cross borders with low-cost international payment services, including:
- Foreign wire transfers in U.S. dollars or foreign currency
- Foreign currency ordering and exchange for members traveling abroad
- Foreign item deposits for eligible checks and other international deposit items
Competitive exchange rates, OFAC screening, and support from experienced Tricorp staff help your team manage international transactions with greater confidence. In an increasingly global economy, offering these services helps your credit union keep pace with members’ evolving financial needs.
Credit unions can order coin and currency online through Premier View and view settlement amounts in their Tricorp account. A convenient alternative to working through a commercial bank, Tricorp can act as your settlement agent and correspondent with the Federal Reserve Bank.
Let’s Simplify Your Payment Operations
Have a question about ACH, wires, settlement, or our other payment services? Connect directly with our Operations team. They know Tricorp’s payment services inside and out and are ready to help you find the right solution or work through an issue.