HUNTSVILLE, Ala. – Redstone FCU on Wednesday began offering an online document storage service that allows members to load electronic files such as wills, mortgages and insurance documents, or other images, into the credit union’s online banking protected document library for free.
The credit union said the service, called My Virtual StrongBox, uses the same safe and secure document technology that delivers online statements, notices and tax documents. All members with online banking will receive enough storage, free of charge, to store up to 250 documents, 500 PDFs, 3,000 e-mails, or a variety of photos, music or other file types. Members will be able to purchase additional space, if needed.
“We are excited about the possibilities that My Virtual StrongBox offers our members,” said Joseph Newberry, president of the $3.3-billion credit union. “Members trust us to handle their finances – why not their important documents too? This can make organization and retrieval of important documents and files quick and easy.”
Redstone said My Virtual StrongBox is similar to a physical safe deposit box, but with safe and secure online capabilities that include easy and accessible permission-based retrieval. Users can customize folders to aggregate documents and share them as necessary. For example, an individual can retrieve a copy of a will via a smart phone while sitting in an attorney’s office or access a mortgage document on an iPad while visiting the credit union.