Despite extreme weather, credit unions maintained service to members thanks to technology, action plans and policies.
Despite extreme weather that closed credit union branches, service to members was maintained thanks to technology, action plans and policies.
A new integrated account opening and loan origination solution will be deployed by the $5.5 billion American Airlines Federal Credit Union in Fort Worth, Texas.
Cloud-based computing and e-signatures are the aspirin to the multi-featured open ended lending headache credit unions have been suffering from since the NCUA first issued the rules back in 2009, said John Levy, executive vice president and co-founder for Integrated Media Management, a Linden, N.J.-based technology vendor.
Texas-based credit union to deploy new account opening, loan origination tools across channels.
More than 200 credit unions are now expediting account openings and loan closings with electronic signature software from Seattle-based DocuSign, the company said.
Seattle-based DocuSign said its electronic signature service is now in place at more than 200 credit unions.
The 8,000 members of the $71 million Members Federal Credit Union in Aurora, Colo., now can sign loan documents by Internet or smartphone.
Colorado CU says electronic document signing will help serve rural membership.
The 23,000 members of the $176 million Cabrillo Credit Union in San Diego can now sign loan documents online.