Association Capital Bank Introduces E-Signature Technology to the Community Association Management Industry
May 12 2014 - 3:02PM
Association Capital Bank, a division of Texas Capital Bank
(Nasdaq:TCBI), today announced an agreement with DocuSign, the
leader in e-signature technology, to provide homeowners
associations (HOAs) and management companies a fast and secure way
to open and manage bank accounts.
DocuSign's e-signature platform makes it easier for management
companies and community associations to do business with
Association Capital Bank. The newly offered e-signature technology
allows clients to sign account opening documents, such as signature
cards and resolutions, as well as treasury agreements on PCs,
tablets and smart phones. In addition, Association Capital Bank's
unique offering streamlines the process when an HOA board has a
change in authorized signers, by eliminating the need for
unaffected board members to resign updated signature cards.
The new technology will help customers:
- Automate signature collection – DocuSign makes the execution
banking agreements secure, fast, easy and convenient with anytime,
anywhere signing.
- Reduce cost – DocuSign eliminates printing, faxing, scanning,
overnighting, and reduces time spent chasing down signatures.
- Increase compliance and reduce risk – DocuSign offers a
complete, legally binding audit trail.
This enhancement is the latest upgrade to the bank's
state-of-the-art software platform, which integrates seamlessly
with existing accounting systems.
About Association Capital Bank
Association Capital Bank, a division of Texas Capital Bank,
serves the unique financial needs of community associations and
management companies throughout the country. The bank offers a full
range of depository services as well as loans for capital
improvement projects. For more information, please visit
www.acapbank.com.
About DocuSign Inc.
DocuSign® is The Global Standard for Digital Transaction
Management™. Global enterprises, business departments, individual
professionals, and consumers have standardized on DocuSign, with
more than 40,000 new users joining the DocuSign Global Network
every day. Today, that network includes millions of users in 188
countries. DocuSign's DTM platform supports legally compliant
electronic and digital signature processes tailored to meet
requirements globally with localization in 43 languages. Companies
and individuals DocuSign to accelerate transaction times to
increase speed to results, reduce costs, increase security and
compliance, and delight customers across nearly every industry
– from financial services, insurance, technology, healthcare,
manufacturing, communications, real estate, retail, and consumer
goods to higher education, non-profit and others – as well as every
business department, including sales, finance, operations,
procurement, HR/staffing, legal, and customer support. For more
information, visit www.docusign.com or call 877.720.2040. Visit the
DocuSign blog at www.docusign.com/blog and follow DocuSign on
Twitter, LinkedIn, and Facebook.
CONTACT: Media & Investor Contact:
Heather Worley 214.932.6646
heather.worley@texascapitalbank.com
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