COBRA Banker Inmate Banking Software

March 14, 2013

When you choose Swanson Services Corporation, you team up with the corrections industry’s top developer of correctional financial software. Twenty years ago, our proprietary trust fund accounting software set the standard as the industry’s first comprehensive software program designed specifically to automate resident trust funds and property management.

Today’s version is a powerful, robust, fully-integrated toolbox of financial and communications solutions developed against the tough challenges of today’s corrections industry. Installed in more than 600 correctional clients throughout the United States, Cobra Banker is the software-of-choice for facilities that want to streamline fiduciary processes—so they can reallocate precious resources where they’re needed most. This powerful software manages your entire resident banking process, stretches shrinking budgets, and even reveals new sources of revenue.

Cobra Banker is proven to deliver more overall efficiency than any other correctional software program. The reasons are twofold:

Cobra Banker reduces labor costs

You’ll simply use muchless people-power to accomplish so much more. Cobra Banker is particularly easy to use and features a far-reaching menu of resident money-management. A powerful suite of software and hardware solutions provides dependability, full accountability and greater resident fiduciary control than is possible through manual processes or other correctional industry software.

Cobra Banker generates additional revenue

Cobra Banker, working alone or with a variety of software modules and kiosk solutions, will grow facility revenue in three significant ways:

  1. Through its ability to create and efficiently manage receivables, Cobra Banker generates revenue from new receivable sources and maximizes revenue from existing sources.
  2. Our Cobra Kiosk resident housing kiosks integrate with Cobra Banker to automate commissary ordering and manage funds availability. Better access to funds encourages residents to maximize their commissary orders.
  3. Our Cobra Cashier lobby kiosk makes it simple for friends and family to supplement resident accounts—unassisted—with either cash, credit or debit cards. The results include larger account balances, more funds available to service debt, a substantial increase in overall resident spending power—and lower facility labor costs attributable to your new self-service deposit capability.

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