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My Virtual StrongBox

My Virtual StrongBox. Nothing’s More Important Than Trust. Q: What is My Virtual Strongbox? A: The Online Answer to Safe Deposit Boxes.

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My Virtual StrongBox

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  1. My Virtual StrongBox Nothing’s More Important Than Trust

  2. Q: What is My Virtual Strongbox? A: The Online Answer to Safe Deposit Boxes • Store documents safely & securely online behind online banking – like wills, tax documents, loan packages, mortgage docs, insurance, copy of what’s in a physical safe deposit box, etc. • Patent-pending encryption & security • Share files with trusted advisors and others • Non-interest income potential can replace lost revenue • Talk about “Sticky” … member might think twice before closing relationships • Members trust you with their money & will trust you with their financial documents

  3. My Virtual StrongBox Easy-to-Use Organizational Capabilitiesfive predefined folders to help members organize files

  4. MVSB Enterprise Connectivity Your Financial Institution can deposit financial documents into your member’s MVSB. For example, Loan documents from your origination system Account opening documents Mortgage closing packages Prepared tax returns, insurance and wealth management documents • MVSB has • API connectivity to automate transport process • Allows the FI to place a single document into an Accountholder’s StrongBox • Works even if Accountholder hasn’t activated their strongbox yet • Representative remains unable to view contents of StrongBox

  5. Credit Union Can Share Files Three WaysOne-to-one, Groups or all Virtual StrongBox Users.

  6. Members Can Securely Share Documents with anyone! Member can share a document (with a security code) via one-time link or e.g. Daughter’s medical history with an Emergency Room Doctor e.g. Loan officer needs a copy of a tax return to complete a loan Member can allow someone access (with a security code) via one-time link to place a document in one of their folders e.g. Accountant can place a copy of my 2013 tax return in my finance folder – no more emailing or mailing!

  7. Members Can Securely Share Documents with Anyone!

  8. Educational Wizard Promotes Value &Profile Wizard Guides the Consumer to “Fill-it-Up”

  9. A Case Study – Redstone FCU • Huntsville, AL • $3.5 Billion in assets • 350,000 accounts • 130,000 OLB users • MVSB launched in December 2012 • 25 mb offered as a freemium at launch • Increased to 125 mb in December 2013 • Over 40,000 OLB users registered for MVSB so far

  10. Mobile iPad App Start Page Targeted Ad Engine driven by CRM data Icons for MVSB & Quick Add via camera

  11. Mobile iPad App Home Page Same five folders & document icons as on the browser version

  12. Baby Boomers need this type of service for wealth management & estate planning • Very “Sticky” when tied to checking, OLB or eStatements • Strengthens customer relationships and can be used as a reward for “loyal” customers • Seamless integration with online banking makes it easy to use • Our Software-as-a- Service model means low cost deployment & faster ROI • It’s a unique offeringthat sets you apart from the rest Check Out These MVSB - Key Benefits CONSIDER THIS: EVERYbank and credit union will be offering this service in the next three to five years. TODAY, your Financial Institution has an opportunity be a leader….. and get there before someone else in your market space does!!!

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