Notarize Announces New Product for Credit Unions and Banks

Notarize for Credit Unions and Banks reduces loan turnaround times, improves operational efficiencies, and brings a digital-first service to member experience.

BOSTON--(BUSINESS WIRE)--Notarize, the most trusted platform for legal online notarization and the first company to offer one platform for anyone to eSign and notarize documents from one place, today announced its latest product for Credit Unions and Banks, delivering a service that puts member experience first, while dramatically improving operational efficiencies.

Now, any financial institution can use Notarize to streamline auto financing, mortgage lending, retirement services and more. Members can use their mobile phones, tablets, and computers to click to sign and notarize documents in minutes.

“Notarize has helped reduce a process in paper that took days to complete, to an average of 15 minutes that gets sent right to our system,” said Allison Yaney, Supervisor of Consumer Loan Servicing and Consumer Titles at Baxter Credit Union. “I can’t think of any other business that allows their customers to have a FaceTime-like experience over your phone. It’s just better for our members, and better for our business.”

In the summer of 2019, Notarize announced its eSignature product, which was its first step in offering a fully-bundled digital transaction management solution right out of the box. Today, the nation’s largest Credit Unions depend on Notarize to reimagine their member experience and the role digital technologies play in their transformation. In the last six months, Credit Unions and Banks have sent hundreds of transactions through the Notarize platform.

“We’ve spent the last year working with banks, credit unions, and other financial institutions on what a world-class experience looks like for their customers,” said Pat Kinsel, Founder and CEO of Notarize. “Since then, we’ve won the nation’s largest credit unions, retirement services companies, and small business lenders to offer a service that delivers on that promise.”

In 2019, Notarize facilitated more than $8 billion in real estate online, while launching key partnerships with companies such as Dropbox.

Want to run change the way you serve your members with Notarize? Get in touch with our team here.

About Notarize
Notarize is the first platform to empower thousands of people each day to sign and notarize documents online. From adopting a child to buying a home, Notarize builds trusted products and services that support life's most important moments. Notarize supports more than 5,000 businesses across all industries nationwide.

For more information on our mission, visit notarize.com.