The $1.1 billion, 66,000-member Eli Lilly Federal Credit Unionsaid 1,101 members have begun using its new mobile service sinceits soft launch in early May.

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The Indianapolis credit union is using a mobile platform frommFoundry of Larkspur, Calif., to power ELFCUmobile, which includesnative mobile apps for Apple, Android and BlackBerry devices,mobile Web and SMS text banking, the company and credit unionsaid.

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Of those first users, 780 used apps, 518 used Web banking and120 used text banking for a total of 6,726 sign-ons. Theiractivity, as of May 31, included 1,639 account details/historychecks and 440 remote check deposit transactions, the credit unionsaid.

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The credit union said that overall 40% of its members now useits electronic banking services instead of going to a branch, andthat its search for a mobile vender began more than a year ago,with a focus on flexibility and the ability to integrate with itsnew Open Solutions core processing platform.

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“mFoundry provided a direct integration to our core system,allowing all members to enroll in mobile banking. mFoundry's hostedsolution also gave us comfort with scaling the solution and addingnew features with little to no disruption of our members' bankingactivity,” said Tim Greene, the credit union's assistant vicepresident for e-commerce.

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mFoundry said it now serves more than 675 financialinstitutions, including one third of the 50 largest credit unionsand banks.

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DrewSievers, co-founder and CEO of mFoundry, said, “ELFCU is aperfect example of how a credit union can leverage the mobilechannel to serve remote members more effectively. ELFCU can nowprovide members with a wide range of banking services, such asaccount management, mobile deposit or two-way text alerts, tomanage their banking relationship from virtually any device.”

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