CU*Answers Lays New Groundwork for WI

CU*Answers, the 100% credit union owned, cooperative data processing CUSO located in Grand Rapids, MI, announced its next upgrade to its CU*BASE® core data processing software with its 13.2 release. The scheduled enhancements include major contributions from the Lender*VP team of experts laying new groundwork for Wisconsin Credit Unions.

This particular upgrade includes six additional Loan and Share forms specific to the Wisconsin League. The new forms include: Funds Transfer Agreement Notice, Payroll Deduction Authorization with Power of Attorney to Credit Union, Notice of Right to Cure Default/Take Possession, Simple Interest Deferral Agreement, Safety Deposit Box, and Combined Notice to Cosigner and Explanation of Personal Obligations (Open-End).  Additionally Wisconsin Credit Unions will benefit from the release with the automation of print Adverse Action Forms for each co-borrower.

Scott Page, EVP of CU*Answers says “CU*Answers continuously strives to meet the variety of needs of our credit unions even when unique situations present themselves, like in the state of Wisconsin” “That’s part of being a true technology partner to our credit unions.”  Version 13.2 of CU*BASE will launch October 6th to Online Credit Unions, October 13th to network partners and November 4th and 5th for Self Processing Credit Unions.