Horizon Utah Federal Credit Union has announced its intention to upgrade to the CU*Answers core processing platform, CU*BASE, in November, 2009.
Horizon Utah Federal Credit Union is a full-service credit union with 5 branches located in the Davis County area. This well established credit union has almost 14,000 members and total assets approaching $100 million.
The CU*Answers business model that of a Cooperative CUSO is unique in the industry, and offers a range of products and services that will benefit the members of Horizon Credit Union and also provides the necessary technology to keep us competitive and secure in a challenging market, said Horizon CEO Randy Gailey. We are looking forward to the added value that collaboration with other CU*Answers owners and clients will bring.
CU*Answers offers its core processing system in both an ASP (service bureau) and In-house processing environment. Each model offers the same level of CU*BASE functionality and is appropriate for credit unions of any size. Horizon Utah will be taking advantage of the CU*BASE Inhouse processing solution. The underlying foundation to provide this environment is IBMs POWER6 server platform running IBM i and its fully integrated DB2 relational database. With over 700,000 systems installed worldwide, the IBM i delivers industry-leading performance with unrivaled customer satisfaction and loyalty. According to CU*Answers, this allows credit union clients to spend time managing their credit union, not managing their servers and databases.
About the Partner
CU*Answers
CU*Answers was founded over 35 years ago and is a 100% Credit Union owned CUSO located in Grand Rapids, Michigan. CU*Answers offers a wide variety of services for credit unions including its flagship CU*BASE Processing System in both an Online (ASP) and In-house environment, Internet Development Services featuring the It’s Me 247 Online Banking product, Member Check Processing and Direct Deposit processing services. CU*Answers provides combined services to 165 credit unions nationally representing nearly 1.5 million members and $10 billion in credit union assets. For more information about how “We Make Credit Unions Go” please visit CU*Answers at cuanswers.com.
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