No cash. No check. No problem. New members still can open an account at Eaton Family Credit Union, a $55 million institution based in Euclid, Ohio.
The secret is that Eaton Family CU has deployed Stripe, an innovative payments tool that lets Eaton take credit cards and debit cards for account opening.
Stripe also has been used by the suburban Cleveland credit union to help members make last minute loan payments when they had no cash on hand.
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