More than 200 credit unions are now expediting account openings and loan closings with electronic signature software from Seattle-based DocuSign, the company said.

Stanford Federal Credit Union is replacing its 12-year-old core processing system from Open Solutions Inc. with the companys flagship DNA solution, the company and credit union said.

oFlows Inc., a San Francisco-based provider of paperless origination solutions for credit unions and banks, has been sold to online account opening pioneer Andera Inc. of Providence, R.I.

The NCUAs financial literacy regulation for board members seeks to ensure that those delegated to carry out the operations of the credit union have the necessary skills, knowledge and experience. In addition, directors must understand essential accounting principles and correctly interpret their credit unions balance sheets and income statements. These...