Initially individuals will be able to open the following accounts online: checking, savings and certificates of deposit. The company has revealed plans to expand the online service to include business accounts and additional Salin Bank products and services.
The online account opening process eliminates the use of paper, allows the applicant to review the application prior to submission and provides confirmation response. Andera provides online account opening and funding services for retail financial institutions. The company also offers a variety of integrated products and services for automated online account opening, funding, customer acquisition and cross-selling. Salin Bank has assets of more than USD 750 million and activates via its 23 banking centers located in the US.
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