Must-Have Security Camera Features for Banks and Credit Unions

Girl at ATM outside of bank

As the bodies that insure money in banks and credit unions against theft or loss, the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA) both require that financial institutions be monitored by security camera systems. Protecting the money that customers have entrusted to them is a major concern for banks and credit unions. Without specific guidelines from their insurers about requirements for their surveillance systems, many financial institutions have found themselves with subpar systems that make identifying a bank robber or ATM thief nearly impossible. That’s where the experts at CameraSecurityNow.com come in. Here are a few of the must-have features for bank and credit union security camera systems.

High-resolution cameras

A while back, we helped a customer retrieve footage of a bank robbery from their security camera system. But our customer wasn’t the bank – it was the business next door. Without a high-resolution security camera system, the bank found themselves asking Why Is My Security Footage so Low Quality?

We always encourage businesses to have cameras in public areas to help neighboring businesses and the community stay safe and to aid police investigations. However, as the manager or security officer of a financial institution, you should never have to rely on another business’ security cameras to catch better quality footage of your bank robber than your own security system. If it’s been a while since your system was installed and you’ve found yourself struggling with poor quality footage, it may be time to upgrade your camera equipment.

high resolution dome camera

Old analog cameras produce low frame rates and have a limited platform of resolutions available – leaving you with grainy images. Our standard 5MP IP security cameras provide a cost-effective solution to your image quality problems and often requires less work to install. You can even opt to add IP cameras to your existing analog network to increase your field of coverage.

Motion detection and tracking

Most banks don’t have 24/7 physical security. That’s where a security camera system with motion detection and motion tracking features can really boost your after-hours security game. By autonomously tracking moving objects in real time, your Pan Tilt Zoom and Fisheye cameras can even send smart alerts when someone enters a monitored zone while the bank is closed.

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If a robbery occurs after-hours, motion tracking allows you to keep an eye on the intruder the entire time they’re in your building. Stationary cameras may capture only a few glimpses of the intruder during the course of the robbery, but motion tracking cameras allow the police to capture more details about the person responsible. These images can help police pick out more identifying features, which could result in faster identification and apprehension of the culprit.

Technician installing security camera

Night vision

If you have exterior ATMs or the front of your credit union isn’t well lit at night, infrared (or night vision) cameras should be on your list of must-have features. Our infrared cameras are able to capture high-resolution black and white footage, even without visible light.

Standard security cameras are unable to produce a usable image in dark or low light situations, leaving your outdoor ATM particularly vulnerable at night. Infrared cameras can help police identify your ATM suspect even if your machine isn’t well-lit at night. Read Misconceptions Surrounding Low Light Surveillance to learn more about infrared security cameras.

Large storage capacity

Since the average required storage for financial institutions’ security footage is about 6 months, it’s not surprising that video storage is always a concern for financial institutions. While other business owners may lower the resolution of stored video to get around investing in additional storage, banks and credit unions simply cannot afford to go that route if the goal is to prevent or identify bank robbers.

nvr network video recorder

Using the most current video compression standards, CameraSecurityNow.com can provide long-term storage of all of your financial institution’s high-resolution security video for compliance, reference, and training purposes. Our security experts work with you to determine the most cost-effective storage solution to fit your needs. Read RAID and Long Term Video Storage to learn more about the wide array of storage options we offer.

Get ahead of the problem…before they get away

Would you believe me if I told you that about 24 percent of bank robbers get away with the crime? If you’re the manager of a financial institution, you know the risks and vulnerabilities that your business faces every day. While you can’t stop all robberies, you can help ease the burden by ensuring that your security camera system is kept up to date and is capable of producing high-quality images to aid police and other investigators. Updating your system isn’t just about image quality, though. Keep in mind that as your system ages, outages and video loss become more and more common, potentially leaving you with no footage at all after an incident occurs. No bank or credit union manager wants to be in the position of explaining that one to police, regulators, investors, and customers.

If you’re looking a one-stop shop for your security camera needs, look no further than the experienced professionals at Camera Security Now. Our camera service and installation professionals deliver the camera solutions that your company needs, helping you ensure the security of your business, employees, and customers. To find out how easy it is to keep your company secure, request a quote today.

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Updated: April 18, 2019 — 10:00 pm