Find out why e-closings and consumer controlled lending may soon become the norm.
Executive predicts FIs will employ e-signatures and educational videos to satisfy regulatory requirements.
The $260 million East Idaho Credit Union increased the efficiency of its lending procedures by adding electronic signature capabilities.
WASHINGTON – A public forum announcing the pilot program featured a credit union executive among panelists supporting the measure.
Allowing members to manage their financial products remotely isn’t a luxury for credit unions these days. It’s a necessity. Especially for university-oriented credit unions, whose members are likely to move away from their primary service areas, online and mobile access is a must.
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.