CU*Answers, a 100% credit union-owned cooperative, announced today that two credit union CEOs were chosen by their peers to serve a three-year term on the CUSO’s board of directors, during elections held at the 2023 Annual Stockholders meeting held on Wednesday, June 21, 2023. Incumbents Vickie Schmitzer, CEO of Frankenmuth Credit Union in Frankenmuth, Michigan,…
The CU*Answers Conversions team converted over 23,000 members for Scient Federal Credit Union to the data processor’s CU*BASE® platform in May. Scient FCU, located in Groton, CT converted from both Finastra’s UltraData and Servicing Director platforms. The $350M credit union represents the first Connecticut credit union to join the CU*Answers family.
The CU*Answers Conversions team converted 5,431 members for Walker County Federal Credit Union to the data processor’s CU*BASE® platform in April. Walker County Federal Credit Union, located in Huntsville, TX converted from ShareTec. The $48M credit union represents the 6th Texas credit union to join the CU*Answers family.
CryptoFi, a cutting-edge Cryptocurrency-as-a-Service (CaaS) firm, today announced its integration with CU*Answers’ banking core and digital banking platform. CryptoFi’s digital asset solution natively integrates with CU*BASE and It’s Me 247 Online Banking, delivering credit union members safe, secure, and frictionless access to digital assets such as Bitcoin and Ethereum. CU*Answers provides services to over 195…
The CU*Answers SettleMINT EFT Team converted 662 credit card loans for Chief Financial Credit Union to CU*BASE online credit card platform. Chief Financial Credit Union, located in Rochester Hills, MI brought their credit card portfolio in-house. “A major benefit for credit unions moving to the online credit card platform is that their staff can view…
The CU*Answers SettleMINT EFT Team converted 1,885 credit card loans for Ripco Credit Union to the CU*BASE online credit card platform. Ripco Credit Union, located in Rhinelander, WI, brought their credit card portfolio in-house. “An exciting benefit for credit unions moving to the online credit card platforms is that their members are allowed to make…
Each year CU*Answers, the 100% credit union owned CUSO, holds an annual election for opportunities to run for a seat on their Board of Directors. The CUSO’s Board of Directors have officially set and opened the election for the 2022 annual election. There are two open seats this year. Those running for election are also…
Xtend, a multi-services CUSO based in Grand Rapids, has begun to publish a series of articles that will address possible strategies and tactics that credit unions can adopt as alternatives to merger. Xtend has studied over 200 NCUA merger applications submitted by credit unions between October 2021 and October 2022. In compiling the information contained…
The CU*Answers Conversions team converted over 1,400 members for Christian Family CU to the data processor’s CU*BASE® platform in March. Christian Family CU, located in Milford, OH converted from the GBS Sharetec platform. The $91M credit union represents the 25th Ohio credit union to join the CU*Answers family.
The CU*Answers Conversions team converted over 4,000 members for Hoosier United Credit Union to the data processor’s CU*BASE® platform mid-January. HUCU, located in Indianapolis, IN converted from ERS platform. The $28M credit union represents the 13th Indiana credit union to join the CU*Answers family.