CU*Answers today published a list of tips for how credit unions can use the CU*BASE® GOLD core processing platform to comply with new rules issued by FinCEN under the Bank Secrecy Act. Among other things, these new rules require financial institutions to identify and verify the identity of the beneficial owners of all legal entity…
CU*Answers announced that $70M Ponca City, Oklahoma-based Cherokee Strip Credit Union (CSCU) recently executed a contract to change its existing core data processing platform to the CU*Answers CU*BASE® system, the CUSO’s flagship solution. CSCU CEO Johnny O’Hare noted that while their legacy system had served them well in the past, a more collaborative and integrated…
CU*Answers, the 100% credit union-owned data processing CUSO, is enhancing its accounts payable software in the CU*BASE data processing system following feedback from a batch of accounts payable enhancements implemented with the 17.10 CU*BASE release. “Our client feedback is a big part of the software development life cycle here at CU*Answers,” said Scott Collins, EVP…
Each year CU*Answers, a 100% credit union-owned CUSO, holds an annual election for opportunities to run for a seat on their board of directors. The CUSO has officially closed the nomination process for their 2018 annual stockholder election, which will be held on June 27th. The meeting will take place at the JW Marriott in…
CU*Answers, the 100% credit union-owned data processing CUSO, has upgraded transfer controls for its online banking platform, It’s Me 247. Credit unions can now offer members additional control, privacy, and convenience as members can set their account to only allow transfers to select accounts depending on the other individual’s owner status. When setting up an…
CU*Answers, the 100% credit union-owned data processing CUSO, is now allowing credit union staff to assign a member’s account number for members who apply for membership online. The CU*Answers membership application process—free to all CU*Answers credit unions—allows potential members to apply for membership and that membership flows into the CU*BASE® system with no re-keying necessary…
CU*Answers, the 100% credit union-owned data processing CUSO, is enhancing their Qualified Dividends product to be able to link a sub savings account to it. Thanks to engagement from Superior Choice Credit Union, a new marketing opportunity has arrived within CU*BASE®. This enhancement allows credit unions to link a savings product to a Qualified Dividend…
CU*Answers, the 100% credit union-owned cooperative CUSO, announced it has deployed the latest software upgrade to its flagship core processing system, CU*BASE®. The CU*BASE 18.03 software upgrade is the first major software release for the CUSO for the 2018 calendar year. The major focus of the newest software release was new member login functionality with…
CU*Answers, the 100% credit union-owned cooperative CUSO, announced March 11th it had deployed the latest software upgrade to its flagship core processing system, CU*BASE®. The CU*BASE 18.03 software upgrade includes new enhancements for displaying graphs and visual presentations within the core’s reporting/dashboard tools. “The impact of our new graphing solution is huge,” said Chris Smigiel,…
CU*Answers, the 100% credit union-owned data processing CUSO, announced its next free Education Express webinar will be held on Monday, April 9 from 2:30-3:00pm ET. Attendees can learn more about CU*BASE® user IDs. During this webinar, Account Executive Stephanie Raven will discuss resets, password requirements and the security officer role for resetting passwords. To register…