Search
 

Coastal Uses Online Tools

Coastal Federal Credit Union said it added more than 1,100 new accounts in six months using a new online account opening and funding solution from uMonitor.

Coastal Federal Credit Union said it added more than 1,100 new accounts in six months using a new online account opening and funding solution from uMonitor. The $2.2 billion institution went live with the uOpen and uFund solutions in March, a few months after it began using the Memphis, Tenn., company’s uTransfer solution that has been used by members to deposit more than $12 million from outside institutions, the company and credit union said. “The solutions enable us to offer a variety of services from any location – which is extremely beneficial for our charter that focuses on many international companies,” said Kristopher Kovacs, vice president of e-commerce technology at 195,000-member Coastal. uMonitor said it now has about 125 customers, about half of them credit unions.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Peter Westerman

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.