Online Account Opening
First Impressions Matter
In today’s digital world, members expect a fast, intuitive, and hassle-free way to open accounts online. Yet, many credit unions still struggle with lengthy, outdated processes that create barriers to entry.
Without a seamless online account opening solution, your credit union risks losing potential members before they even begin their journey with you. IMSI’s Online Account Opening solution fully integrates with the KeyStone core, automating account decisioning and allowing new members to open accounts instantly—without manual processing delays.
New account records and share products are automatically written to your core, eliminating inefficiencies and enhancing member satisfaction. With a seamless onboarding experience, your credit union can attract more members, reduce operating costs, and deliver the modern convenience today’s consumers expect.
Benefits of Online Account Opening
Benefits of Online Account Opening
- Increase member acquisition with a smooth, frictionless onboarding experience.
- Lower barriers to entry for new members by eliminating unnecessary steps.
- Expedite onboarding with automated account decisioning and real-time updates.
- Reduce operating costs by minimizing manual processing.
- Deliver a top-tier digital experience that enhances member satisfaction.
Key Features
Save & Resume
Members can start an application and return later without losing data.
Pre-Filled Applications
Auto-populate forms using uploaded identification documents.
Seamless Integrations
Connect effortlessly with third-party vendors via API.
Fraud Prevention
Includes eligibility verification, geolocation tracking, ID verification, and more.
Secure eSignature & Document Upload
Enable paperless, hassle-free submissions.
Flexible Funding Options
Support for ACH, EFT, and PayPal for initial deposits.
Integrated Onboarding Activities
Automate enrollment in ATM cards, online banking, overdraft protection, eStatements, and more.
Customizable Workflows
Aligns with your credit union’s branding and processes.
Workbox Messaging Center
Enhance communication with a centralized messaging platform for staff and members to securely send/receive messages and documents. Our UI Script allows staff to leverage this feature without leaving the core.
Subshare opening
Enable members to automatically open subshares within online banking.
A Member-Centric Experience
Your members expect digital convenience. With IMSI’s Online Account Opening, they can apply for new accounts anytime, from any device, receive instant confirmation, and fund their account immediately. By simplifying this process, you remove unnecessary hurdles and make joining your credit union easier than ever.
Schedule a Demo Today
to see how Online Account Opening can help you grow your membership and improve the onboarding experience.
