CUNA Urges Comments on Risk Based Capital Proposal

CUNA’s Small Credit Union Committee created a call to action for Credit Unions to respond to the NCUA’s proposed Risk based Capital regulation.  The letter urges all credit unions to respond to the NCUA call for comments before the comment period ends on May 28th.

CUNA and the NWCUA also sent this letter to all credit unions under 50 million in assets as well as Oregon and Washington credit unions that are 100 million and under.

Read the letter here.

About the Partner

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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 cooperative CUSO providing services to credit unions representing over 1.8 million members and $17 billion in credit union assets. For more information, visit cuanswers.com.

CU*Answers e-Docs
If you don’t have a vault or are considering changing or augmenting your existing vault, and would like information about getting started with an Electronic Document Strategy through the cuasterisk.com network, we can help! e-Document solutions are as varied as the credit unions that use them, and one size does not fit all. Call us and we’ll help you find the solution that meets your particular needs, budget, and is just right for you.

CU*Answers Management Services

CU*NorthWest
CU*NorthWest was founded in 2005 and is a 100% credit union-owned CUSO located in Liberty Lake, Washington. CU*NorthWest 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, and Internet development services featuring the It’s Me 247 online banking product. Additional services include web site development, network design and security, bookkeeping services, and a complete eDocument solution. CU*NorthWest provides expertise in implementing technical solutions to operational needs, and helps credit unions form strategic alliances and partnerships. For more information, visit www.cu-northwest.com.

CU*South
CU*South is a credit union-owned cooperative focused on building a network of successful credit unions. CU*South offers a wide variety of services including its flagship CU*BASE processing system offered in both online (ASP) and in-house processing environments, and Internet development services featuring It's Me 247 online banking product, and It’s Me 247 Mobile Web Banking – free for CU*BASE clients. As a partner of the cuasterisk.com network, CU*South provides the most comprehensive offering of information technology tools and services through a collaborative, shared ownership model, with the same great value credit unions offer members.

cuasterisk.com
Representing a network of credit union owned CUSOs that have developed a capability for serving members in a whole new way, cuasterisk.com leverages the power and effectiveness of a collaborative network of business partners committed to coming together to provide credit unions a variety of popular services at competitive CUSO prices. The footprint of this network reaches over 600 credit unions nationwide and is designed to provide credit unions the opportunity to roll out new services faster to market and at a lower cost.

eDOC Innovations, Inc
Since 1992, eDoc Innovations, Inc. has delivered complete optical archiving and electronic document management solutions to credit unions, banks, mortgage and title companies, educational institutions, governmental entities, accounting firms, and other organizations across the country and internationally. The company’s offerings span integration, extensive networking solutions, and disaster recovery solutions. With industry acclaimed DocLogic™ and idocVAULT™, eDoc Innovations is a national leader in providing aperless solutions to more than 400 credit unions. For more information about “Technology that pays for itself… again and again”™, please visit eDoc Innovations’ corporate website at www.edoclogic.com.

Gividends

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.

Network Services
Organized in 2002, CU*Answers Network Services is a full-service network technology solutions provider. They specialize in LAN/WAN design, implementation and management; network security; firewall management; IP telephony VOIP (voice-over-Internet protocol) solutions; records management; managed hosting solutions (facilities management), compliance and security audits (HIPAA/GLBA/SOX); high availability solutions; web site engineering, and hardware sales and support services. CU*Answers Network Services provides services to the education, retail, legal, medical, real estate, hospitality, and financial services industries as well as court systems and regional municipalities. Its financial services portfolio includes servicing over 100 credit unions across the country. Visit netserv.cuanswers.com for more information.

Press Release Center

Site-Four
Site-Four is the newest in a chain of data centers in the cuasterisk.com network of CUSOs. It is a CUSO in itself and is the brainchild of Services Center Federal Credit Union in cooperation with CU*Answers, CU*South, and CU*NorthWest. Originally designed to house the processing systems for Services Center Federal Credit Union, it quickly became apparent to network partners that this state-of-the-art data center could be leveraged across multiple organizations.

Web Services

WESCO Net
Organized in 2002, WESCO Net is a full-service network technology solutions provider. They specialize in LAN/WAN design, implementation and management; network security; firewall management; IP telephony VOIP (voice-over-Internet protocol) solutions; records management; managed hosting solutions (facilities management), compliance and security audits (HIPAA/GLBA/SOX); high availability solutions; web site engineering, and hardware sales and support services. WESCO Net provides services to the education, retail, legal, medical, real estate, hospitality, and financial services industries as well as court systems and regional municipalities. Its financial services portfolio includes servicing over 100 credit unions across the country. Visit wesconet.com for more information.

Xtend
About Xtend (www.xtendcu.com): Xtend, Inc. is a credit union service organization (CUSO) formed in 2002 with the sole purpose of increasing the competitive advantage of its owning credit unions through strategic products, services, and partnerships. Our major area of focus is to reduce operating expenses and increase revenues through direct alignment and utilization of Xtend’s branded services, SRS Bookkeeping, Mortgage Servicing, Auditing, Shared Branching and Member Communication Services. Through our strategic partner relationships we are able to help credit unions gain access to new markets and member service opportunities, while at the same time helping our partners become more successful. Xtend provides services for over 100 credit unions representing more than 1.2M members and $8B in assets. The CUSO is currently owned by 69 credit union partners.


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