cuasterisk.com CU*Answers, the West Michigan-based CUSO known for providing its core processing system, CU*BASE, recently announced an increase in application and closing volume from credit union clients using the Prime Alliance mortgage origination platform.
Through the partnership between CU*Answers and Prime Alliance, the CUSO is able to provide a streamlined mortgage application tool with full electronic integration to CU*BASE. The CUSO is reporting impressive increases for the number of applications and received and loans closed for the months of May and June, 2009. The number of apps has increased over May and June, 2008 by 346%, and 325%, while the number of closed loans increased by 534%, and 268%.
CU*Answers credits the impressive statistics to the ease of use of the web-based platform, and the strong daily support provided by the CUSOs lending division, Lender*VP.
About the Partner
CU*Answers
CU*Answers offers expertise in implementing technical solutions to operational needs, and is a leader in helping credit unions form strategic alliances and partnerships. CU*Answers provides a wide variety of services for credit unions including its flagship CU*BASE processing system (online and in-house) and Internet development services featuring It’s Me 247 online and mobile banking. Additional services include web development, network design and security, and image check processing. Founded 40+ years ago, CU*Answers is a 100% credit union-owned CUSO providing services to credit unions representing nearly 1.5 million members and $10 billion in credit union assets. For more information, visit cuanswers.com.
Lender*VP
Lender*VP delivers to your credit union a team of experienced lending professionals that will take over the task of driving the success of your loan department. The Lender*VP team has years of on-the-street credit union lending experience, combined with an intimate knowledge of CU*BASE tools. We can make sure you know what products you need, get them off the ground quickly, and drive them to success.
