IMM’s eSignature technology attracts new credit union

IMM’s eSignature technology attracts new credit union
30.03.2016 09:30 am

IMM’s eSignature technology attracts new credit union

Transaction Banking , Trade Finance , e-Invoicing

CUSA Federal Credit Union listened to its members’ requests for a way to view and sign documents remotely, without coming into a branch. In August 2014, the Covington, La.-based credit union implemented IMM’s eSignature technology, and has since increased loan volume by nearly three percent.

“As a very small credit union with just two branches, it became increasingly important for our members to have the means to review, sign, and complete documents from any location, at any time, and from any device,” said Jeana Rodivich, CEO of CUSA Federal Credit Union.

“Whether used for simple documents like stop payment orders and skip-a-pay requests, or more complex loan documents, our members love it. They appreciate the convenience and simplicity IMM’s eSignatures provide. We can largely attribute our rising loan volume to faster and easier document signings, which allows us to fund loans even more quickly. As a credit union, that’s our goal: to serve our members’ financial services needs.”

The $31 million-asset CUSA FCU replaced traditional scan, fax, and snail mail processes with IMM’s eSignature, document delivery and archival solution. The cloud-based remote eSignature service, Document Exchange, integrates with almost any business application and automatically archives completed documents, allowing employees to easily and quickly retrieve them as necessary. As an added benefit, CUSA FCU noted that by gaining a fully electronic transaction system with IMM, it eliminated several file cabinets previously crowding its offices.

“CUSA FCU demonstrates that regardless of size, it’s possible for any financial institution to bring its consumers the services that they desire,” said John Levy, EVP of IMM. “CUSA FCU is embracing the concept of eTransaction automation to improve the level of service and convenience it provides members. At the same time the credit union is optimizing processes to be more competitive in the market, especially when funding loans, as speed is the key.”


Related News

ION treasury solution UPS wins EuroFinance 2018 Treasury Excellence Award for Technology Implementation

ION, the largest global provider of trading, analytics and risk management solutions for capital markets, commodities and treasury management, announces that its customer, the... Read more »

Mandatum Life and Saxo Bank partner to launch Mandatum Trader service

Mandatum Life will launch a new online trading service based on the Saxo Bank Group’s (Saxo Bank) state of the art investment and trading technology in the first half of... Read more »

Yolt and Wealthify announce in-app integration - the smart, simple way to view investments

Yolt, the smart thinking money app, has today announced it has connected with its first investment partner – ... Read more »

American Express and Rambus Join Forces on Secure Global E-commerce Tokenization


Read more »

American Express and Rambus Join Forces on Secure Global E-commerce Tokenization

Rambus Inc. (NASDAQ: RMBS) and American Express Australia today... Read more »

Identitii Launches Overlay+ to Enable Know Your Transaction

Identitii Ltd (ASX: ID8), the fintech enabling the secure overlay of transaction level detail on top of financial messages, has today launched Overlay+, its new platform for... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App