CU*Answers, a 100% credit union-owned cooperative CUSO, released its first of three articles outlining the reasons it believes the second version of the proposed Risk Based Capital rule by the NCUA should not become regulation. The series will first concentrate on a holistic view of why the rule is flawed, followed by a legal perspective.
This week CU*Answers will be hosting its quarterly University Week, during which the data processor will condense into just one week its most timely and relevant courses. Clients will be able to attend the courses right from their own credit union as all University Week courses will be offered online via webinar. University Weeks are
CU*Answers, the West-Michigan based cooperative CUSO, offers a free fraud detection service that detects potential fraudulent activity over all scheduled bill pay transactions. FraudNet™ is offered through Fiserv, one of CU*Answers’ bill pay vendors, and detects suspicious activity prior to it happening and stops the transaction before it is scheduled to post. “In December, FraudNet
CU*Answers schedules hundreds of training sessions throughout the year, many of them announced in their annual Education Catalog, others by client request, but the most popular at the moment may be via their Education Express program. “My experience has shown that the incentive to learn is at its peak when a topic is current, critical,
The West-Michigan based cooperative CUSO, CU*Answers, is pleased to announce that one of their Client Services and Education team members has taken a position on the CU*Answers Quality Control team. “The Client Services and Education team is a great place for an individual to begin their career at CU*Answers,” stated Laura Welch-Vilker, VP of the
CU*Answers, a 100% credit union-owned CUSO, recently held its 3rd annual corporate “Continuity Awareness Day” as part of their business continuity awareness and training program to help demonstrate the commitment at all levels for emergency response and recovery planning. “A strong business continuity program requires building resilience in three key categories: People, Processes and Technology.
CU*Answers, a 100% credit union owned CUSO, recently presented a complimentary web-based Education Express course for credit unions to identify the essential elements of an effective Business Continuity Plan. “When the unexpected happens,” says Jim Lawrence, CBCP, Manager of Disaster Recovery and Business Resumption Services at CU*Answers, “the last thing you want as CEO is
As CU*Answers, a 100% credit union-owned core data processor, looks forward to an exciting year of software enhancements in 2015, it has also revealed what it considers to be the top twelve enhancements of 2014 for its CU*BASE® core platform and related credit union products. Top among the list was the File Expansion Project, a
Payveris™, a next generation online and mobile digital payments company, and West Michigan-based credit union-owned cooperative, CU*Answers, have announced a working partnership to provide a fully integrated online banking and payments experience to their client credit unions and their members. Payveris offers a full range of bill payment, money movement and interbank transfer solutions which
On January 17, 2015, the CU*Answers merger team completed the merger of CitizensFirst Credit Union, Oshkosh, WI, and Best Advantage Credit Union, Brillion, WI. The merger brings CitizensFirst’s total membership to nearly forty-seven thousand. CitizensFirst recently converted to West Michigan-based CU*Answers’ core platform, CU*BASE®, in November 2014. This merger expands the credit union’s presence in