Overview

uReinvest™ provides a simple process for customers to reinvest their CDs at maturity. Financial institutions can now send reminders to customers of their upcoming CD maturity dates, provide information on new investment options and provide the ability to reinvest the funds. Customers can choose to fund their new CD with the funds from their maturing CD and also add new funds from external accounts.

uReinvest provides your financial institution with:

• Automated CD reinvestment from online banking or from home page
• Reinvestment CD products and promotion options
• Funding from existing CD and add funds via ACH from another account
• Ability to select interest distribution methods
• Reinvestment tracking and reporting capabilities

uReinvest enables your financial institution to:

• Use web-based process to improves efficiencies and conversion rates
• Send automated email reminders to customers when CD reaches maturity to inform them of new investment options and provide instructions on reinvesting using  easy, convenient online process
• Keep customers informed on new investment options to help them better invest their money
• Allow customers to fund new CD with the funds from their mature CD and also transfer additional funds from external accounts