November 28, 2022
Credit Union Enrolls 75% of New Members Online
A simple and accommodating enrollment process means members are more apt to open an account with your credit union. Sharetec’s Online Member Services facilitate new member enrollment and provide a channel for new shares and loans to be opened by existing members – at any time, from anywhere. Your membership, deposits and loans will increase, even on holidays. Online Member Services validates identity, providing a secure solution and reducing fraud in the online application process.
Planites Credit Union has been utilizing Online Member Enrollment for many years and has had great success enrolling members online, and in return, provides maximum efficiency to their staff members.
Online Member Enrollment allows Planites Credit Union new members to enroll and existing members to open new accounts and apply for loans – at any time from anywhere. In addition, security is enhanced by validating identification and reducing fraud via its secure application process.
Positive Results
Planites Credit Union analyzed a number of data points from the membership, and evaluated the ways members are joining the CU. The results showed 75% of new members were onboarding remotely using this technology.
“The online member module has significantly increased our new membership drive. It makes joining the credit union quick and effortless, mainly because you can do it from the comfort of your home. Lastly, it has greatly reduced paperwork here in the office.” Planites Credit Union
Additionally, Sharetec has provided Planites Credit Union with a secure and efficient ID Verification method. They now have the ability to perform online security checks.