Centralized Wire Department

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brittanym

We are conducting a Wire Transfers Audit and are looking to assess how other Credit Unions facilitate the wire transfer process. We are an $11 Billion Credit Union and have multiple departments which process their own wires (Mortgage, Commercial, Call Center, etc.) vs having one centralized wire department which completes all wires. To gage how we compare to other Credit Unions, if willing, please provide 1) your asset size and 2) state if your Credit Union has a centralized Wire Department or decentralized processes.

Thank you!