VERVE, A CREDIT UNION, LAUNCHES NEW ONLINE ACCOUNT OPENING SERVICE

Published Monday, November 13, 2017

In an effort to meet the needs of its growing membership that increasingly prefers to interact online, Verve, a Credit Union, recently launched its online account opening service. This service allows consumers to open checking, savings and money market accounts, or complete an auto loan through an online application without ever needing to come into a Verve branch.

“With the adoption and success of our current online services, online account opening was a natural next step and gives Verve members complete, convenient and secure online banking services,” Kevin Ralofsky, president and CEO of Verve, said. “Not only can members apply for and get funded for an auto loan online, but now they can open an account without having to drive to a branch to complete the process.”

Verve is committed to providing best-in-class services to its members, and is continually evolving as its members’ banking needs change. In 2016, Verve members used Verve’s eSign service roughly 300 times per month to sign for loans on-the-go and deposited more than 3,000 checks each month using Verve’s mobile app.

“Our top priorities in offering online account opening were to make it simple and secure, and we’ve done just that,” Verve Vice President of Technology Eric Regner said. “We use a secure connection that encrypts the data, making it difficult for your information to be stolen. It’s as easy as entering a few personal details to submit the application, waiting for an approval email, linking a current banking account and you’re done.”

In addition to opening an account online, current and new members can still visit one of Verve’s 15 locations to open an account.

Founded in 1937, Verve, a Credit Union, is a member-owned, not-for-profit financial cooperative with more than $800 million in assets and serving over 56,000 members at 15 locations. Membership is open to anyone who lives, works or worships in 23 counties throughout Wisconsin and Minnesota and to employees of Kimberly-Clark Corp., Fox River Paper Co., the medical services industry and the immediate family of any current member.

Premier Members

BMO Harris WE Energies Miller Electric Thrivent Financial
Top