With CU*Answers’ latest software release, tracking recoveries for written off loans just got easier. Starting May 16, 2022, daily interest is automatically being accrued and stored for written off loans. The new informational only “interest accrued since write-off” figure does not interfere with the credit union’s books. In addition, the system can now record miscellaneous…
The CU*Answers Conversions team converted over 9,000 members for Great Lakes First FCU to the data processor’s CU*BASE® platform on May 1st. Great Lakes First FCU, located in Escanaba, MI, converted from the Bradford Scott ShareTec platform. The $96M credit union has two member locations and is another Michigan credit union to join the CU*Answers…
The CU*Answers Conversions team completed the merger of over 2,700 members from Western Districts Members Credit Union into West Michigan Credit Union this month. Both credit unions were on the data processor’s CU*BASE® platform. This brings the credit union membership to over 19,000 members. West Michigan Credit Union, located in Grand Rapids, MI, joined the…
The CU*Answers SettleMINT EFT team recently announced 1st Street Credit Union located in Sarasota, FL has moved their credit card program to the CU*BASE online credit card platform. Credit union members will now be able to view their credit card loan alongside of their other accounts in It’s Me 247 online banking and be able…
CU*Answers held its first U.P. Users Meeting on April 28, 2022. The event was attended by credit unions that reside in the Upper Peninsula of Michigan. The data processor was able to teach best practices with over twenty attendees, and the credit unions themselves shared some valuable information. “The number of credit unions in the…
The Mobile Technologies Group (MTG)/IRSC teams of cooperative CUSO CU*Answers have recently released Mobile 6.0, the newest version of their mobile app. Commenting on Mobile 6.0, Kristian Daniel, VP of MTG, Sales & Business Development said, “I am thrilled to have credit unions rolling out on Mobile 6.0. Our new annual release is introducing widgets…
The Ohio Credit Union League held their “inVest48” Conference from April 4-6, 2022. The event was attended by CU*Answers all three days, and the data processor was able to talk with over one hundred attendees of the registered credit unions for the annual conference. “Supporting the state leagues is very important to the credit union…
CU*Answers attended the U.P. Annual Conference on April 29, 2022. The event was attended by credit unions that reside in the Upper Peninsula of Michigan. The data processor was able to talk with over 300 attendees, and was also a sponsor. “The number of credit unions in the U.P. joining our cooperative continues to grow,”…
Asterisk Intelligence, the data analytics and data warehousing team at CU*Answers, recently announced the completion of their annual management dashboard training event offered to credit union leadership teams. “CU*BASE, our credit union core processing application, contains over 110 management dashboards,” said Thomas Hull, Business Intelligence Analyst with Asterisk Intelligence. “With each dashboard designed to provide…
Asterisk Intelligence, the data analytics and data warehousing team at CU*Answers, recently announced that Frankenmuth Credit Union (Frankenmuth, MI) has partnered with the data analytics consultants to establish a data warehouse with CU*Answers. “Turning on another data warehouse solution is always exciting and it’s a privilege to be working with another credit union who is…