Millennium Corporate’s Item Processing has just completed the final phase of a three-phase modernization 
initiative and has rebranded the updated platform as CheckMate. It all began in 2022, when Millennium Corporate acquired the Item Processing service from Heartland Credit Union Association (HCUA), retaining their expert staff and continuing a long-standing partnership. In 2023, Millennium launched a modernization initiative that was completed in January 2025. Today, CheckMate offers the same trusted item processing, now faster, smarter and more secure, serving over 171 credit unions across six states and processing over 2.5 million drafts monthly. CheckMate’s industry-leading experience, streamlined integrations, and advanced features are giving credit unions the strategic edge they need to win everyday.
CheckMate streamlines check processing with duplicate detection, real-time email alerts, later deposit cutoff times and fast, high-volume handling – all within a secure, cloud-based FIS platform. Seamless system and vendor integrations streamline operations while upcoming features like fraud detection and Positive Pay are on the horizon for enhanced peace of mind. The item processing offered within CheckMate is also backed by highly trained personnel with over 170 years of combined financial experience and member testimonies that sing its praises. “I have worked with Item Processing for a few decades now. The staff there is very knowledgeable and is always willing to go above and beyond to help me understand what our next course of action is on any given situation. I have the utmost confidence in their abilities and believe they have our best interest at heart when dealing with check return situations.”, says Amy Spencer of Azura Credit Union.
The service has seen several enhancements, but a few of its vital functions remain, such as Share Draft Processing and Remote Deposit Capture. CheckMate’s Share Draft Processing service is designed to provide credit unions with a secure, efficient and scalable solution for managing member check activity. Credit unions benefit from reduced operational burden, full support for adjustments and returns, and seamless integration with home banking platforms – all backed by Millennium Corporate’s trusted service.
With CheckMate’s Share Draft service comes Check21, a compliant processing technology. Daily Share Draft Transmission Files are provided at approximately 3 PM Central Time and checks are stored electronically with a 7-year access. All adjustments, corrections and returns are fully handled by expert staff. Additionally, secure and seamless integration with home banking platforms enhances online member access to check images. With reduced operational burden for credit union staff and scalable service for high transaction volumes, credit unions are fully equipped for their item processing needs.
Another vital component of CheckMate is Remote Deposit Capture, which lets credit unions scan and electronically transmit check images for fast, efficient processing. State-of-the-art technology is utilized so that branches are able to scan, correct, balance and submit check batches to Millennium Corporate without needing to send physical checks. Check21 enables digital images to act as legal substitutes for paper checks and further modernizes the service.
Other benefits of Remote Deposit Capture include hand-written character recognition and image quality checks resulting in fewer errors and faster fraud detection. Encrypted transmissions and duplicate item detection increase reliability while user-friendly tools, better research, and next-day settlement simplify the member experience.
With this modernization, a credit union using CheckMate would gain a full line of benefits including same-day processing, easier balancing and extended cutoff times. Millennium’s expert Item Processing team also offers around the clock telephone support from 8AM – 8 PM, Monday through Friday. CheckMate naturally creates peace of mind with quick email confirmations and secure check images that stay within the branch for up to 7 years. It’s no secret that CheckMate, with its myriad of enhancements, can offer a competitive advantage for credit unions looking to streamline and or modernize their existing item processing.
You can learn more about CheckMate and its modern capabilities by reaching out to a Millennium Member Engagement Representative today. Simply email engage@millenniumcorporate.org or call 800.721.2677 to discover all that CheckMate has to offer.
