DigitalMailer said it signed eight more financial institutions to its online safe deposit box solution in 2013 and that more than 40,000 members are now using the service at one of its largest credit union clients.
The My Virtual Strongbox service offers secured online storage for personal documents and other files. It was launched in 2012.
Ron Daly, founder and president/CEO of the Herndon, Va.-based firm, said 11 credit unions and banks now offer the online storage service to 1.2 million consumers nationwide and that nearly 7,000 CUES members now receive it as a free member benefit.
Clients range in size from $27 million in assets to more than $5 billion, DigitalMailer said in its Jan. 22 announcement. Among them is the $3.6 billion Redstone Federal Credit Union in Alabama, which offers 125 MB of storage space to its My Virtual StrongBox users as a free benefit of membership.
To date, nearly 40,000 of Redstone's members have activated My Virtual StrongBox accounts, DigitalMailer said.
Daly left his chief financial officer post at Northwest Federal Credit Union in Herndon in 2000 to launch DigitalMailer as an e-statement provider.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
