CU*Answers, the Grand Rapids, Michigan-based core data processing CUSO, is asking credit unions to enroll and select their options for MACO. MACO (Multiple Authentication Convenience Options) features four different authentication types—once the member authenticates, they have access to their account within the mobile app. Credit unions have the option to: prepay for a set number…
CU*Answers, the 100% credit union-owned cooperative based in Grand Rapids, Michigan, announced that it had recently added two new credit unions to its ownership ranks. The CUSO confirmed that both Manistique, Michigan-based Limestone Federal Credit Union and Morton Grove, Illinois-based Partnership Financial Credit Union had purchased 200 shares. The credit unions became the 139th and…
IBEWUW Federal Credit Union launched a new website today. The site is a modern design that includes rotating banners for current offers, a featured rates section and a news section on the home page. The new design will make it easier for visitors to find what they need quickly. The responsive design means it looks…
CU*Answers is creating a new version of credit card statements for business accounts. Business members will have the option to create a summary statement containing multiple credit card sub accounts under a single business membership. The business member will still receive their normal account statement (if applicable), but will also receive a single, multi-page summary…
In the first three months of the 2021 business year four additional employees have joined CU*Answers’ Win the Lottery program, bringing the total number of participants to fifty-two. Through their participation in the Win the Lottery program, senior employees work with a Writing Team member to add specialized knowledge to CU*Answers documentation. “This is an…
The fourth and final quarterly contest for 2020 has come to a close. The bill pay contest ran from October 2020 – November 2020 with a winner drawn in December. Thanks to all of the 91 participating credit unions who entered to win! The winner was drawn at random and Brodies M. from MidUSA Credit…
CU*Answers expanded on its robust fraud mitigation software in its fall release of new tools that went in its flagship core data processing system CU*BASE. “This is the third of five investments the CUSO is making to help credit unions control fraud. In the fall release we introduced 9 new block lists to manage problematic…
Asterisk Intelligence, a data analytics team at CU*Answers, which provides business intelligence consulting, fulfillment, and educational services to credit unions, recently completed a Data Tune-Up consulting engagement with a Texas based Credit Union. A Data Tune-Up helps credit union partners learn how to manage their operations in ways which allow for more detailed analytics, insights,…
The CU*Answers SettleMINT EFT Team converted 2358 credit card loans for Affinity CU to CU*BASE online credit card platform. Affinity Credit Union, located in Des Moines, IA brought their credit card portfolio in-house. “One benefit for Credit Unions moving to the online credit card platforms is that their members are allowed to make real time…
West-Michigan based cooperative CUSO CU*Answers recently announced that from January through September 2020, 311 courses were coordinated and taught by the Client Services and Education Team. Lani Lowing, Education Team Lead added that 170 courses were coordinated for various teams within the organization—a total of 479 classes with 5,123 attendees. These events consist of CU*Answers…