DALLAS, May 12, 2014 (GLOBE NEWSWIRE) -- 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.
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Source:Texas Capital Bancshares, Inc.