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Credit Unions Standardize on DocuSign for Electronic Signature

Home News
September 27, 2011, 3 pm
Reading Time: 1 min read

DocuSign announced recently that more than 200 of the nation’s largest credit unions have standardized on DocuSign for their electronic signature solution, streamlining account openings, consumer loan processing and internal approvals. Credit unions using DocuSign to accelerate revenue, reduce cost, and enhance member satisfaction include 66 Federal, Advantage Plus Federal, Alliant, All Valley Federal, America First, Bellco, Darden Employees Federal, Eastman, Eli Lilly, El Paso Employees Federal, Idaho Central, McGraw-Hill Federal, Tulsa Teacher’s, University Federal, University of Illinois Employees, and more than 200 others, the company reported.

“With our track record in helping credit unions better serve their members with lower cost processes that accelerate speed to revenue, DocuSign has become the de facto industry standard for electronic signature,” says Keith Krach, chairman and CEO of DocuSign. “DocuSign is committed to ensuring credit unions are able to finish business faster with the easiest, fastest, most secure way to get a signature.”

According to the company, DocuSign’s electronic signature solution helps credit unions:

• Accelerate speed to revenue – With transaction cycle times cut from weeks to minutes, close rates increased by 80% or more, and ‘Not In Good Order’ documents eliminated, DocuSign helps credit unions earn revenue sooner.

• Lower cost – DocuSign saves credit unions time and money by reducing printing, faxing, and overnighting costs, eliminating the rekeying of member data, and increasing compliance.

• Enhance member satisfaction – DocuSign increases member convenience with anytime, anywhere signing so members can open new accounts and loans in minutes online.

For more information, visit www.docusign.com.

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