WesCorp News
WesCorp Closing Regional Processing Facilities
For the last few years the check processing industry has undergone a dramatic transformation with changes in consumer payment preferences and the move to image exchange technologies. As these changes accelerate, providers have been consolidating their operations.In order to minimize the expenses that reflect in fees charged to our Members and in keeping with the overall moves in the industry, WesCorp will be consolidating all of its branch processing facilities. These consolidations will take place from December 2009 through approximately June 2010 as facility leases expire in San Leandro, Seattle, Spokane, and Salt Lake City. As these consolidations occur WesCorp will continue to provide paper check collection processing for those Members who have not yet converted to image and will contact and work with them on the next steps, including instructions for delivery of deposits.
WesCorp continues to be committed to providing leading-edge products and services at cost-effective rates. The most effective way we can accomplish this is to actively take steps to minimize our own costs and continue to offer you products that can do the same in your own environment.
New Town Hall Member Meeting Scheduled for Washington D.C.
WesCorp has added the Washington D.C. area as the latest venue for our ongoing series of Town Hall meetings with members throughout the U.S. This latest meeting with our east coast members has been scheduled for July 21. The Town Hall meetings are your chance to meet our new CEO, Phil Perkins, and the rest of the leadership team face to face. In these meetings, we'll go over the re-stated financials, the 2008 audit, and insights into our overall performance. Dwight Johnston will also provide an outlook on the current economic environment and the likelihood of a recovery in 2009.Contact your WesCorp Relationship Manager for details.
Click here to view an introduction from Phil.