Credit unions know the longer a new loan or account application remains unsigned the higher the chance of abandonment. Adding electronic signatures to the process increases the opportunity for success.
The $310 million Essential Federal Credit Union recently expanded its relationship with longtime technology partner, Rahway, N.J.-based IMM, to add real-time, remote e-signing to nine parishes in the greater Baton Rouge, La. community. The credit union has leveraged IMM's eSign platform for several years and just recently added these new capabilities.
Because the eSign platform integrates with all existing business systems, Essential FCU can deliver an enhanced member experience, conduct transactions in a paperless environment and gain credit union-wide efficiencies.
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