CU*Answers, the 100% credit union-owned cooperative CUSO, has published a new reference booklet that in-house processing credit unions are sure to find helpful. The Statement Processing & Verification Tasks handbook is a compilation of all the procedures, tips, and knowledge about what CU*Answers does each month to ensure member statements go off without a hitch.…
CU*Answers, the 100% credit union-owned core data processor, is continuing its practice of keeping its clients up to speed on all 5300 Call Report changes. In addition to the continuing improvements to their core platform CU*BASE®—new ratios and automation routines added in recent releases—CU*Answers has also provided its credit union clients with a quarterly announcement…
West Michigan-based data processing CUSO, CU*Answers, has completed another successful session of “Dashboard Deep Dives.” The weekly initiative is hosted by CU*Answers CEO, Randy Karnes, and numerous CU*Answers experts. The focus of the Dashboard Deep Dives is to guide credit unions utilizing CU*Answers’ flagship core data processing system, CU*BASE®, towards “click of a button” dashboard…
West Michigan-based data processor, CU*Answers, announced that Florida Hospital Credit Union has signed with the Cooperative CUSO for online data processing services. Florida Hospital Credit Union, consisting of $41 million in assets and serving over 8,500 members headquartered in Altamonte Springs, Florida, will be converting to the CU*BASE® core data processing system in August 2013.…
CU*Answers, the credit-union owned Cooperative, reported that they recently completed their 2011/2012 Report to Owners which was delivered to clients and owners. The report, entitled Front and Center, focuses on the Seven Cooperative Principles and how the CUSO and their clients live these principles every day. CU*Answers Board Members, seven credit union CEOs, are also…
CU*Answers, the credit-union owned Cooperative, recently announced their 6th Annual Video Contest to clients of the cuasterisk.com network. Each year CU*Answers offers cash awards and the chance for entries to be professionally produced into a video that can be used by any credit union. The theme for this year is “Making Ownership Real”. The three…
CU*Answers, a 100% credit union owned CUSO, announced it has sent dividend checks to its owners for 2012. The data processor stated it was proud to announce they were returning a record sum to its owners. The cooperative CUSO went on to say that it believes credit unions should see a Return on Investment from…
CU*Answers, the West Michigan-based CUSO, announced that its PolicySwap website added earlier in 2012 was still going strong. The site, located at http://policyswap.cuanswers.com, was created with the goal of helping CU*Answers clients reduce each institution’s compliance cost burden. Every policy and procedure shared is reviewed by Audit Link, a part of the CU*Answers Management Services…
Audit Link and Lender*VP, divisions of the CU*Answers CUSO, held a joint conference for CU*Answers clients/owners to address the new NCUA Rule 741.2 Loan Workouts and Nonaccrual Policy. The conference was held in Grand Rapids at the credit union-owned CUSO’s corporate headquarters and was attended by 30 Loss Mitigation Specialists from around the Midwest. The…
As the 2012 International Year of Cooperatives comes to a close, CU*Answers, the 100% credit union CUSO, has committed to keep the momentum going that Cooperatives gained this year. In an announcement to credit unions today, CU*Answers unveiled its “Live It” marketing series. The campaigns promote the Seven Cooperative Principles to show credit union members…