Listerhill Credit Union | Alabama
The Challenge
Listerhill Credit Union had significant amounts of cash moving through its ATM network. While keeping machines properly funded is essential, holding more cash than necessary can create additional risk and limit the money available to earn returns elsewhere.
SCS recognized an opportunity to take a closer look at how much cash was actually being used versus how much remained in each machine.
By reviewing residual cash, SCS could identify opportunities to adjust future cash loads rather than continuing to replenish machines at the same levels.
The Solution
Southern Cash Solutions implemented a more proactive approach to cash forecasting for Listerhill Credit Union.
Through weekly residual cash counts at every machine SCS services, the team tracks how much cash remains after normal usage. That information helps determine how much cash each machine actually needs for its next replenishment.
1. Weekly Residual Cash Counts
SCS counts residual cash across serviced machines every week, giving the team a clearer picture of actual cash usage and identifying opportunities to adjust funding levels.
2. Smarter Cash Forecasting
Using those counts, SCS can reduce the amount of cash loaded into machines when existing balances show that less is needed. Instead of relying on previous replenishment amounts alone, decisions are based on what the machines are actually using.
3. Reduced Cash Exposure
Keeping only the necessary amount of cash in each machine helps limit exposure. Even in a worst-case scenario, having less cash in a machine means less cash at risk.
The Results
By using residual cash data to guide replenishment decisions, SCS helps Listerhill Credit Union make more informed cash management decisions.
The approach creates several benefits:
Better cash visibility: Weekly counts provide a clearer understanding of how much cash remains in each machine.
Smarter replenishment: Cash loads can be adjusted based on actual usage rather than estimates alone.
Reduced risk: Lower cash balances in machines mean less cash exposed to potential loss.
Improved cash utilization: More funds can remain with the Federal Reserve rather than sitting unused in machines, allowing those funds to continue earning money.
Fewer opportunities for human error: Consistent counting and data-driven forecasting help reduce reliance on assumptions when determining cash needs.
Cash management is about more than keeping machines full. It is about understanding how cash moves, identifying opportunities to work more efficiently, and helping financial institutions make the most of their money.
Through consistent residual cash counts and smarter forecasting, Southern Cash Solutions helped Listerhill Credit Union take a more informed approach to ATM replenishment, reducing unnecessary cash exposure while making better use of available funds.