Crestar Bank, which is part of the $26.1 billion Crestar Financial Corporation, has 377 branches located throughout Virginia, Maryland and Washington, D.C. Crestar faced two challenges: how to convert its "paper trail" into an electronic tracking system without compromising control over official bank checks, and how to automate the check printing process while maintaining the security of safety paper. Using Source Technologies' secure MICR printers and the electronic forms expertise, Source Technologies' provided Crestar with on demand check printing for every branch. Where it used to take tellers up to eight minutes to produce a check or money order, it now takes less than two.
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