FAIRFAX, Va. — Online Resources President/Chief Operating Officer Ray Crosier has been elected to a two-year term as chairman of the board of directors for the Electronic Funds Transfer Association (www.efta.org).
The EFTA promotes the adoption of electronic payment systems and commerce. Its members include shared ATM networks, financial institutions, manufacturers, payment processors, online payment providers and technology-management companies.
Crosier has been in the financial services industry for 25 years and has been in his current position at Online Resources for seven years. He oversees daily operations of the company's three divisions and banking technology units. The Chantilly, Va., company includes several hundred credit unions on its list of online banking and e-commerce clients.
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