DigitalMailer Inc. has launched an electronic service thatcredit unions can offer their members to safely store financialdocuments at their online banking site.

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The Virtual StrongBox service allows users to perform suchfunctions as retrieving a copy of a will or insurance documents viaa smartphone while sitting at an attorney's office, said theHerndon, Va., provider of electronic communications services toabout 180 credit unions.

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The first user of the electronic document libraries is the $2.1billion Northwest Federal Credit Union, also in Herndon, which saidit has set up virtual strongboxes for each of the 68,000 onlinebankers among its 110,000 members.

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“Helping our members organize their financial lives all underone roof is exactly what a financial partner should do,” said GregGibson, the credit union's chief operating officer.

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The strongbox uses the same SaaS technology that DigitalMailer uses to deliver online statements, notices andtax documents and can be branded by the credit union, the companysaid.

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DigitalMailer President/CEO Ron Daly called the virtual strongbox a “sticky product thatadds value to trusted financial advisors when tied to customers'checking accounts, online banking, investment relationships andpersonal financial management tools.”

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