Imaging Solutions 2018 Contests

For 2018, CU*Answers Imaging Solutions in partnership with My Virtual Strongbox and eDOC Innovations are running three exciting contests. Winners will be announced the first week of October 2018, but you can follow along on this page. Each month, the top 5 contestants will be updated below.

This is a year long marathon, it’s not a sprint!

It’s not too late to get started! You don’t have to sign up for the contests, you only need to use the products.

  1. Contest period for all 3 contests: 10/01/2017 – 09/30/2018
  2. Entry to all 3 contests is automatic if you meet the criteria.
  3. Results will be posted online each month showing the top 5 in the lead for each contest

Here are the 3 Contests

Race to be the First Place eCloser!
The credit union with the most documented electronic loan closings during the contest period wins $10,000.
eSignature Explosion
The credit union with the most documents delivered via eSignature* during the contest period wins $1,000.
My Virtual StrongBox Dash for Cash
The credit union with the most new member registrations (as a percentage) during the contest period wins $1,000.

 

eCloser Contest banner image

Top 5 for Online Vaults as of 11/30/2017

Rank CUID CU Name Total eClosings Percent of All New Loans
1 80 Auto-Owners Associates Credit Union 58 100.00%
2 288 Academic Federal Credit Union 11 68.75%
3 790 Catholic United Financial Credit Union 35 59.32%
4 255 Toro Credit Union 95 34.93%
5 291 Members Source Credit Union 30 34.88%

Download Full List of Contest Standings

Top 5 for In House Vaults as of 11/30/2017

Rank CUID CU Name Total eClosings Percent of All New Loans
1 3820 MUNA FCU 540 92.31%
2 272 DOLFCU 167 67.89%
3 173 New Horizons Credit Union 98 42.24%
4 3807 Jefferson Credit Union 86 38.39%
5 112 Frankenmuth Credit Union 683 33.53%

Download Full List of Contest Standings

John’s Take On The Standings

john beauchamp

Auto Owners did 100% of their loans electronically again! That’s not all though, this month take a look at MUNA in the inHouse contest. They went from 0% to 92%. How you ask? Well, we determine these results by counting how many loan agreements or notes are eSigned. Unfortunately, last month we were counting the wrong document for MUNA and they took us to task. After looking into it and recounting they jumped to the top, sorry MUNA. Notice they are first here AND in the eSignature explosion contest. They are living it! I said it last month and you’ll hear it again… The take away here is – CULTURE WINS! Remember this is a marathon not a sprint, we’re only in month 2 of 12. Lots of time to get in there, who’s going to give these guys a run for their money?

CEO’s what are you doing to drive an eClosing culture? Are you learning to earn electronically? Not sure where to begin? Contact John Beauchamp on our Imaging Solutions team so he can help you. 


Prize

Two prizes awarded.

  • $10,000 for credit unions using an online imaging solution
  • $10,000 for credit unions using an inhouse imaging solution.

Eligibility

Must use:

  • eDOCSignature Remote Signature Capture Solution
  • CU*BASE

How we determine the winner

CU*Answers will count the total number of loan note documents* eSigned by your credit union each month. In partnership with Asterisk Intelligence, we then calculate the percentage of eSigned documents versus booked loans for the month. Then, we average all of the months to arrive at your final average for all 12 contest months. The credit union with the highest average is the winner. In the event of a tie, we will conduct a random drawing between the tied credit unions.

Official Contest Rules & Information

Don’t have eDOCSignature Remote Signature Capture? Order it Online

   

Sign up for eDOCSignature Remote Signature Capture Conversion Today!


Order eDOCSignature Remote Signature Capture Conversion

* If you wish to see which forms we are including as loan note documents for your credit union, email: imaging@cuanswers.com and we will provide you the list for your CU. We can make adjustments if there are errors or omissions. If you add new loan notes be sure to notify us to have them included in the results.


eSignature Explosion - contest banner image

Top 5 for Online Vaults as of 11/30/2017

Rank CUID CU Name Total Documents Documents per 1,000 Members
1 3821 Alabama Law Enforcement Credit Union 687 197.36
2 287 Materion Federal Credit Union 223 56.47
3 3837 Louisiana Central Credit Union 267 37.01
4 3922 South Bay Credit Union 450 30.76
5 640 Grand Trunk BC EFCU 131 20.27

Download Full List of Contest Standings

Top 5 for In House Vaults as of 11/30/2017

Rank CUID CU Name Total Documents Documents per 1,000 Members
1 3820 MUNA FCU 2093 178.42
2 173 New Horizons Credit Union 653 64.06
3 112 Frankenmuth Credit Union 5229 60.70
4 272 DOLFCU 758 52.37
5 3807 Jefferson Credit Union 592 39.05

Download Full List of Contest Standings

John’s Take On The Standings

john beauchamp
This contest’s results speak to how much the competing credit unions are using eSignature in general to get business done remotely with their membership. This counts all documents not just loans, but also membership forms etc. While Alabama Law Enforcement CU was top of the list last month, CHECK IT OUT they more than doubled their volume this month. That’s an eSignature Explosion! Good job team! How about you? Are you working with your members remotely? Are you making doing business with you convenient?


Prize

Two prizes awarded.

  • $1,000 for credit unions using an online imaging solution
  • $1,000 for credit unions using an inhouse imaging solution.

Eligibility

Must use:

  • eDOCSignature Remote Signature Capture Solution
  • CU*BASE

How we determine the winner

CU*Answers will count the total number of documents eSigned by your credit union each month. We then calculate the percentage of eSigned documents per member* based on the membership size of your credit union for the month. We then average all of the months to arrive at your final average for all 12 contest months. The credit union with the highest average is the winner. In the event of a tie, we will conduct a random drawing between the tied credit unions.

* Number of members as determined by CU*Answers accounting for billing purposes.

Official Contest Rules & Information

Don’t have eDOCSignature Remote Signature Capture? Order it Online

   

Sign up for eDOCSignature Remote Signature Capture Conversion Today!


Order eDOCSignature Remote Signature Capture Conversion


My Virtual StrongBox Dash for Cash banner

Top 5 as of 11/30/2017

Rank CUID CU Name Product Penetration Net Change
Starting(9/30) Current
1 153 First United CU 3.39% 3.69% 0.30%
2 142 Sioux Empire Federal CU 1.44% 1.67% 0.22%
3 3849 Southern Gas Federal CU 0.93% 1.09% 0.16%
4 3026 Vermillion FCU 0.16% 0.29% 0.12%
5 3839 Geismar Complex FCU 0.53% 0.66% 0.12%

Download Full List of Contest Standings

John’s Take On The Standings

john beauchampFirst United is still winning, so what are you doing to promote this valuable service with your members as a culture not a gimmick? Time to get in the document exchange business with your members and you may even steal this $1000 away from First United!


Prize

$1,000

Eligibility

  • Must use My Virtual StrongBox

How we determine the winner

CU*Answers will tally the number of new member registrations as a percentage during the contest period. The credit union with the most new registrations is the winner. This is calculated as a percentage of your total membership – (# of My Virtual StrongBox Users)/# of members= X%. The credit union with the greatest percent change is the winner! In the event of a tie, we will conduct a random drawing between the tied credit unions.

Official Contest Rules & Information

Learn more about My Virtual StrongBox

Don’t have My Virtual StrongBox? Turn it on for Free

   

Sign up for My Virtual StrongBox Today!


Order My Virtual StrongBox


Have Questions?

For questions about the solutions available to you or any other aspect of your Imaging Strategy, contact: John Beauchamp
Vice President of Imaging Solutions
800.327.3478 or 616-285-5711 x228
jbeauchamp@cuanswers.com
Updated
December 14, 2017

Turn to the CU*Answers Imaging Solutions Team for your eSignature needs

Turn to the CU*Answers Imaging Solutions Team for your eSignature needs

With eSignature from Imaging Solutions, members can sign documents wherever they are!  You can send them a document to sign by simply inputting their name and email address.  They will receive an email with a link that allows them to electronically sign their documents, wherever their smart devices take them! To learn more about eSignature,… Read more »

Oct 13, 2017

The Imaging Solutions Contests Are Underway!

The Imaging Solutions Contests Are Underway!

For 2018, CU*Answers Imaging Solutions is partnering with My Virtual StrongBox and eDoc Innovations to offer three exciting contests!  These contests run from 10/1/2017 until 9/31/2018. My Virtual StrongBox Dash for Cash The credit union with the most new member registrations (as a percentage) during the contest period wins $1,000. eSignature Explosion The credit union… Read more »

Oct 10, 2017

Join Us for the Imaging Solutions Roundtable!

Join Us for the Imaging Solutions Roundtable!

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Sep 15, 2017

ProDOC Upgrade coming on 6/20

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Jun 19, 2017

Secure Your Records with MyCorporateVault from CU*Answers Imaging Solutions!

Secure Your Records with MyCorporateVault from CU*Answers Imaging Solutions!

MyCorporateVault locks confidential corporate documents and protects sensitive data from physical loss and damage, as well as unauthorized disclosure or modification. MyCorporateVault allows you to customize your users and groups for a complete, secure management system.  Scanning in your documents directly or importing existing electronic documents is a simple process; you can manage contract renewals,… Read more »

May 16, 2017

Save Time for Members, Close Loans Faster with eSignatures!

Save Time for Members, Close Loans Faster with eSignatures!

With eSignatures from CU*Answers Imaging Solutions, your members can enjoy the convenience of signing documents anywhere through their smartphones and mobile devices.  Signed documents will be archived in the CU*Spy vault, just like when you capture signatures in your branches. This service is available for free to all CU*Spy online vault users, with just a… Read more »

May 12, 2017