Integrated Media Management said Tuesday that 50 credit unions in five months have committed to its cloud-based electronic signature solution.
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.
Credit union membership today is undoubtedly diversifying. While this is a welcomed evolution, it requires supporting a growing number of diverse member expectations.
More than 125 electronically signed loan closings a month are now being executed at the $1.1 billion Tyndall Federal Credit Union in Panama City, Fla.
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.
Florida military-based credit union using TotaleAtlasWeb solution from Integrated Media Management.
By the year 2020, the population segment we all refer to as Gen Y could reach upwards of 95 million and make up 36% of the adult population in the U.S. There is no doubt that this consumer group is becoming more relevant than ever.
It’s easy for credit unions to make assumptions about Gen Y. For example, they’re all techies in search of the latest gadget. The only way to grab their attention through advertising is with bells and whistles. And forget seeing them inside a branch–they only bank at ATMs or on mobile...
Technology changes at an exponential, and rapid, speed that causes many decision makers to overlook its possibilities.
iPads are allowing the staff at the $554 million Red River Credit Union in Texarkana, Texas, to process loan applications with members in the office or remotely.