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Press Releases

R.C. Olmstead selects IBS as its Collection and Recovery Automation Partner.

R.C. Olmstead is proud to announce their partnership with Intelligent Banking Solutions as the premier provider of collection and recovery automation for credit unions on the RCO1 system.



R.C. Olmstead 2007 Golf Outting

R.C. Olmstead celebrated another successful year of business by holding its annual golf outing at the Firestone Country Club in Akron, Ohio. Clients and vendors were treated to a day of beautiful weather and superb golf accomodations. R.C. Olmstead would like to thank all the participants for making this year's event one to remember!



R.C. Olmstead announces the integration of Vysym Corporation's Audio Response Service.

This agreement provides an opportunity for credit unions using R. C. Olmstead as their data processing provider to utilize a hosted voice response solution as opposed to housing their own hardware intensive system. R. C. Olmstead and Vysym have closely worked together to develop an interfaced option which offers the credit unions an excellent addition to the powerful and flexible functions they currently enjoy with the R. C. Olmstead system.


R.C. Olmstead adds iPay Technologies to its online bill pay service providers

R.C. Olmstead is proud to announce the addition of iPay Technologies' bill pay product to its home banking optional services. iPay, a leader in online bill pay technologies, services a complete product offering with branded interactive demo, online enrollment and disclosure management. State-of- the-art compliance package to meet all interagency examination requirements. In addition to the consumer product, iPay offers a secure administrative site with full back-door capabilities for end-user management, reports, enrollment review, payment cancellations and daily file downloads.



R.C. Olmstead proudly announces two new products for authentication of high-risk transactions in electronic banking environments in accordance with the FFIEC guidelines.

R.C. Olmstead, in conjunction with Digital Resolve and Passfaces Corporation, provides client Credit Unions with industry leading Multi-factor Authentication products. The dual product offering allows clients to make the best decision for meeting the needs of their members. Press releases are found below: