Online Resources signs American Eagle Federal Credit Union

Source: Online Resources

Online Resources Corporation (Nasdaq: ORCC), a leading provider of online financial services, today announced that American Eagle Federal Credit Union has signed a multi-year agreement for its retail and business suites of customizable Internet banking, bill payment and other services.

American Eagle FCU is the largest community credit union in Connecticut with over 100,000 members and $1 billion in assets.

American Eagle FCU selected the company's hosted banking solutions, which are tailored to the credit union's specific configuration and operating needs and enable extensive client modification of the retail and business user interfaces. The credit union also chose integrated bill payment with enhanced personal financial management (PFM), as well as online account opening.

"As a full-service organization, it is very important to us to work with a specialist to tailor our online services to meet the full spectrum of our members' needs," said Jim Evans, American Eagle FCU's senior vice president, Information Technology. "After a very thorough review, we chose Online Resources because of their product breadth, high level of service and proven integration expertise, particularly with our core provider."

Converting from separate banking and bill payment providers, the credit union plans to make the new services available to its members this summer. Online Resources will also provide marketing and call center support.

"Financial institutions seeking competitive differentiation through the online channel are continuing to choose these highly customizable, flexible online solutions," said Ronald J. Bergamesca, executive vice president and general manager of Online Resources' Community Bank and Credit Union Services. "American Eagle FCU views the Internet as a critical part of their progressive, full-service mission, and we look forward to helping them take their online services to the next level."

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