In order to keep up with competition and retain more alumni members, the 61,000-member Notre Dame Federal Credit Union implemented Integrated Media Management's TotaleAtlasWeb remote digital signature solution today.
Because many of the college-based credit union's members close their accounts after they leave the university, the technology is expected to be a good way to retain such members by extending service outside of branches. Other student loan servicers already employ similar services, according to IMM, so the solution will help the $431 million credit union stay competitive.
IMM responded to Notre Dame FCU's concern that college-aged students would have difficulty providing typical registration information for the service–such as multiple job resources or previous residences–by designing a split authentication/verification procedure that provides questions more relevant to younger applicants and allows co-signers to provide their information for registration.
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.