Veridian Credit Union today announced it planned to integratethe mobile, social and P2P payments tool set offered by Dwolla intoits online banking product. This will be the first instance of ashared password for both a credit union's online banking servicesand Dwolla, said Veridian.
“Our members had been requesting 'a service like PayPal.'Dwolla, we believe, now offers more capabilities than PayPal,” saidBrett Engstrom, Veridian's manager of web services.
Engstrom indicated the Dwolla tools would become available toVeridian's members in Q1, 2012. He also said Veridian anticipatesthat as many as 20 percent of current online banking users wouldmigrate into using Dwolla in the first year.
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