SANTA CLARA, Calif. — KeyPoint Credit Union has gone live on Facebook, becoming what it says is the first financial institution to offer online banking on that ubiquitous popular social networking channel.

The $795 million Silicon Valley CU is using the mobile banking engine from MShift Inc. to provide its 71,000 members one-click access to account information through their Facebook accounts.

The secured connection uses authentication technology and, being Facebook, the idea also is to provide a forum for KeyPoint members to socialize, the CU says.

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