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Four Credit Unions Like the Concept of Completely Electronic Membership Sign-Up

PROVIDENCE, R.I. - Credit unions looking to sign up new members need to make the process as easy as possible. That's just what four credit unions think they have found with a new online enrollment solution they are implementing. Toyota FCU, FAA First FCU, Maine CU and Energy First CU...

By Staff Writer | Updated on June 22, 2004

PROVIDENCE, R.I. – Credit unions looking to sign up new members need to make the process as easy as possible. That’s just what four credit unions think they have found with a new online enrollment solution they are implementing. Toyota FCU, FAA First FCU, Maine CU and Energy First CU are all using Andera’s Net-based enrollment and account opening solution. Fully compliant with the USA Patriot Act, it allows potential members to not only open new accounts, but transfer the initial funding online. Officials at Toyota FCU said with the CU only having branches in California and Kentucky, yet potential members throughout the nation, an online enrollment solution can have a major impact. Andera’s solution is ASP based and uses open standards and XML architecture.

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