Allegan Community FCU Becomes Newest CU*Answers Owner

Allegan Community Federal Credit Union, located in Allegan, Michigan, has become the newest owner of West Michigan-based cooperative CUSO, CU*Answers. The $34 million credit union represents approximately 6,500 members.

Allegan Community FCU becomes the 128th current CU*Answers credit union owner. Scott Page, CU*Answers EVP said: “With five new owners already added during the 2016 fiscal year, there remains a strong desire among credit unions to engage with their peers and to participate directly within a true cooperative business model, such as CU*Answers. They want to exercise their equal voting privilege for helping set the future direction of their technology partner. For most, this represents a very unique opportunity.”