The $94 million Oregon Employees Federal Credit Union is now offering its 9,400 members a secure online digital filing cabinet as part of its paperless statement service.
The 9,300-member Salem, Ore., institution is offering the free service through Seattle-based doxo. Along with direct delivery of their monthly CU statements, members can upload and store digital copies of tax forms, insurance policies, car titles, wills and other documents normally stored as paper.
Documents can be filed, printed or downloaded from the digital filing cabinet anytime. doxo hosts the service, so no software or other installed infrastructure is required, the company said.
"doxo is that perfect service that helps member's secure their important files and helps the credit union manage operating expenses. Launching on doxo was very easy. We were integrated and live on the network in less than a month," said Otto Radke, vice president of information technology at OEFCU.
“The doxo digital file cabinet is very well aligned with the services of financial institutions. OEFCU and other credit unions can now offer a new benefit to members that complements core credit union services and helps dramatically increase paperless adoption,” said Steve Shivers, doxo CEO.