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SVPCo volumes through 5/08 6/9 PRNewswire SVPCo set a new record for average daily volume in 5/08. SVPCo reported for 5/08: Sterling FSB began sending volume through the network. Average daily volume of 21.1m items, an increase of 113% compared to a year ago. 444m check images, a 103.7% increase compared to a year ago. $669.1b in dollar value, a 70.4% increase compared to a year ago. On 5/5, a record 32.6m items totaling $50.3b were handled by the network. There were a total of 21 processing days in May, compared to 22 in April. In 5/07, monthly items totaled 217.9m & monthly dollar volume was $392.7b. ‘An effective image exchange strategy is essential for the long-term success of financial institutions in today’s environment,’ said Susan Long, SVPCo. ‘Exchanging images through the SVPCo is the best way to achieve that objective & realize all of the benefits of moving from paper to electronic checks.’