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From the June-23, 2010 issue of Credit Union Times Magazine • Subscribe!

Online Signatures Added

A provider of document management solutions to more than 400 credit unions said it has added online electronic signature capabilities to its lending documentation solution and that a group of customer credit unions have just held their first user meeting.

eDoc Innovations of Midway, Utah, said it partnered with DocuSign to add the signature capability to its ProDOC solution and that the $838 million, 85,000-member Idaho Central Credit Union is a first user.

The digital signature capability allows for a paperless loan closing, the document management company said.

Meanwhile, the user meeting was held on May 5 in Grand Rapids, Mich., and drew participants from South Dakota to Maine, the company said. Along with representatives from the 14 credit unions who formed the group in December, the gathering included eDoc leaders and other cuasterisk.com-affiliated CUSOs, the company said.

Topics included compliance readiness, going green "inside and out", hands-on training and networking opportunities, said Bret Weekes, president/CEO of eDOC Innovations, which said it now serves more than 400 credit unions.

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