The CU*Answers SettleMINT EFT Team converted 984 credit card loans for GR Consumers Credit Union to the CU*BASE online credit card platform. GR Consumers Credit Union, located in Wyoming, MI, brought their credit card portfolio in-house. “Credit Unions moving to the online credit card platform, typically see a 35%-45% overall savings and it allows the…
CU*Answers, the 100% credit union-owned, data processing CUSO, recently published the sixth month statistics for alert items posted between January 1 and June 30 of 2019. In total, CU*Answers posted 153 alert items – 77 of these were posted in Q1, and 76 were posted in Q2. The average send rate for the first half…
CU*Answers, the 100% credit union-owned, data processing CUSO, recently determined the sixth month average send rate for Client News emails sent from January 1 through June 30 of 2019. In total, CU*Answers sent out 368 Client News emails, a decrease of 60 items from the 428 Client News emails sent out during the same time…
Congratulations to Grand Trunk (BC) Employees Federal Credit Union for launching a new website today. The new website features a clean, modern design. The home page includes large rotating banners for current promotions, a featured rates section, a news & events section, a resources bar for quick access by members, featured product buttons and a…
The format of CU*Answers’ credit card statements is changing for July statements produced on August 1, 2019. The transactions, fees and interest charged details will be more clearly defined in separate sections. The “Interest Charged Calculation” section will be re-organized so that it is easier to understand the breakdown of balance transfers, cash advances and…
Each year CU*Answers, the 100% credit union-owned CUSO, holds an annual election for opportunities to run for a seat on their board of directors. The CUSO announced at their Annual Stockowners meeting on June 19th the introduction of new Associate Board Members. The purpose of adding associate board members is to increase the participation of…
CU*Answers, a 100% credit union owned CUSO, headquartered in Grand Rapids, Michigan, was a hole sponsor for the 2019 St. Joseph Valley Chapter Golf Outing in South Bend, IN held on Tuesday, June 11th, 2019. CU*Answers believes in supporting the chapters that their credit unions are a part of. Proceeds from the outing will benefit…
CU*Answers, the Grand Rapids, Michigan-based core data processing CUSO, recently joined its industry peers and partners at the Carolinas Credit Union League Annual Meeting in Asheville, NC on June 2-4, 2019. “We always look forward to seeing our customer-owners and other business partners at the Carolinas show,” said CU*Answers Executive Vice President Scott Collins. “Since…
CU*Answers, the Grand Rapids, Michigan-based core data processing CUSO, recently joined its industry peers and partners at the Michigan Credit Union League Annual Meeting in Detroit, MI on June 6-7, 2019. “We always look forward to seeing our customer-owners and other business partners at the Carolinas show,” said CU*Answers Executive Vice President Scott Collins. “Since…
CU*Answers, 100% credit-union owned CUSO, headquartered in Grand Rapids, MI has released the July 2019 Cooperative Campaign, which will be focused on home loans. With summer being a popular time to buy a home, many members will be looking for great rates on mortgages. Credit unions can market what competitive rates they can offer them…