Online Resources Corporation (NASDAQ: ORCC), a leading provider of digital financial services, today announced that Oregon Community Credit Union, the second largest state-chartered credit union in Oregon, has signed a multi-year agreement to extend use of ORCC’s services by implementing the Architect TM Digital Banking solution. A client of ORCC’s bill pay services since 2006, Oregon Community Credit Union will now implement Architect to offer members a single user experience for their banking and bill pay services. Both solutions integrate seamlessly with the credit union’s FIS MISER® core solution. “Based on our success with their bill pay solution, selecting ORCC again to further enhance our member’s experience was logical,” said Darrell Stark, chief retail operations officer for Oregon Community Credit Union. “For the past six years, ORCC has supported our efforts to provide members a secure and efficient way to make payments, and as our members’ needs evolve, Architect Digital Banking will allow us to customize our interactions and grow our online and mobile channels.” ORCC’s Architect solution will enable Oregon Community’s members to not only have a highly-intuitive, personalized user experience, but one that adapts to user behavior and preferences. Oregon Community will also be able to offer their members new advanced functionality for services such as personal financial management, one-to-one marketing and social media integration. With Architect’s extensible platform, Oregon Community CU will have full control to easily add or develop their own new and innovative features as new trends or needs emerge as well as manage new configuration and administration as user adoption increases. “Oregon Community Credit Union exemplifies a strong commitment to providing exceptional, personalized service, and to do so, it knows that its technology must deliver flexibility and control,” said Eric Labiak, chief sales officer for ORCC. “We’re pleased to continue working with Oregon Community and look forward to helping them grow their membership.”
Shares of Online Resources Corporation (Nasdaq:ORCC) were gapping down Wednesday morning with an open price 30.4% lower than Tuesday's closing price. The stock closed at $6.05 yesterday and opened today's trading at $4.21.