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Value Proposition

Corporate One’s Automated Capture & Exchange (ACE) solution is a proven Check 21 solution for credit unions built by credit unions. With X937 electronic settlement, also known as ACE Direct Send, credit unions or processors that have digital imaging equipment and software other than what is supported through our ACE solution can now use Corporate One for their check collection and settlement services through the sending of an industry standard X937 file. Members can take advantage of Corporate One’s expertise in check collection and settlement and reap the rewards of low transaction rates and quick turnarounds. Along with this offering, your credit union can benefit from our ultimate cash management solution, The One Account.


  • Improve efficiency, reduce staff time and eliminate courier fees by transmitting electronic images to Corporate One for clearing and returns
  • Low transaction rates and quick turnaround times thanks to aggregation of volumes and least-cost routing
  • Ability to concentrate settlement into one account with Corporate One
  • Increase ability to detect fraud
  • Establish a secondary archive for digital items
  • Improve clearing and return times
  • Partnership with VSoft®, a leading provider of banking and payment solutions to financial institutions, makes for seamless conversion for those credit unions already utilizing their services

How does it work?

Using a least-cost routing model, images of items are captured at the credit union’s teller or back counter and transmitted to Corporate One in an industry standard X9 file. Then, by translating the MICR information on the item, an exchange unit determines the financial institution upon which the item is drawn, and the least costly route to present the item for collection. Routing may be done through the Federal Reserve Bank, a national exchange network such as Endpoint Exchange or SVPCo, or directly with the financial institution upon which the check is drawn. By routing the items in this manner, Corporate One is able to keep processing costs down – passing those savings on to our members.


  • Provides 100% next-day availability of funds
  • Offers branch-level settlement and extensive reporting, including summary reports and reports by batch and teller
  • Allows credit unions to transmit batches throughout the day, reducing end-of-day workload
  • Performs subsequent Image Quality Analysis (IQA) on each item to ensure than it meets Check 21 standards for readability
  • Includes access to a dedicated Help Desk -- a single point of support for all related issues

The One Account

Our easy, competitive, integrated cash management solution has convenient overnight investment options, paying very competitive rates. With The One Account, you’ll have access to a full suite of cash management tools, such as Member$MART, our web-based account management system, making Corporate One the only place you'll need or want for effective cash management.