Following the conclusion of its October board meeting, cooperative CUSO CU*Answers announced that board member Linda Bodie had been selected to serve as the organization’s newest board chair, replacing Scott McFarland. Bodie, who also serves as Chief Executive Officer + Innovator of Element Federal Credit Union (Charleston, WV), expressed her gratitude to the board for…
CU*Answers, the 100% credit union-owned, data processing CUSO, recently completed the quarterly statistics for CU*BASE Alerts sent out between July 1st and September 30th, 2022. In total, CU*Answers posted 50 alert items, which marks the lowest Alert volume for a single quarter period since the Writing Team began tracking this data in 2015. Furthermore, August…
On October 13, 2022, CU*Answers facilitated a tabletop exercise for a $250M credit union in central Iowa as part of their business continuity program. With so much emphasis on cyber-related threats, the group wanted to remind everyone that other forms of disruptive incidents still occur, potentially impacting the ability to serve the member base. The…
Liberty Lake-based core data processor, CU*NorthWest, announced that VALLEY AGRICULTURE FCU located in beautiful Santa Paula, CA selected CU*NorthWest and their CU*BASE data processing system in September 2022. They are scheduled to convert on November 30, 2022. The credit union represents 640 members and $5.15 million in assets. VALLEY AGRICULTURE FCU was chartered in 1966.…
Daon, the Digital Identity Trust company, and CU*Answers, the cooperative Credit Union Service Organization (CUSO) headquartered in Grand Rapids, Michigan, today announced they are providing digital identity proofing, authentication, and onboarding solutions to CU*Answers’ network of over 350 credit unions through Daon’s IdentityX® platform. When paired with the multi-factor authentication capabilities already in use by…
CU*Answers, the 100% credit union-owned core data processor, recently announced that it converted over 14,000 members for Power Credit Union (Pueblo, CO) to the CUSO’s CU*BASE® platform. The $127M credit union converted from the CUnify platform and represents the first Colorado credit union to join the CU*Answers family. “With the introduction of the Innovation Center…
For the first time, Xtend Communications and Xtend Data Analytics are teaming up with a bundled offer for Campaigns with Enhanced Campaign Reporting. When clients sign on for both services at the same time, they will receive $50 off their custom campaign set up fee and a $100 flat rate for enhanced reporting. “It’s beautiful…
CU*Answers, the 100% credit-union owned core data processor, was a proud sponsor of the first annual meeting of the Credit Union Women’s Leadership Alliance (CUWLA). The event held September 11-13, 2022 was held in Santa Fe New Mexico. Linda Bodie, Chief Executive Officer of Element Federal Credit Union, and a founding member of CUWLA states,…
Asterisk Intelligence, the data analytics and data warehousing team at CU*Answers, is excited to announce that Analytics Booth, their web-based operational trending application has recently onboarded their 200th credit union subscriber. “Analytics Booth tracks and trends thousands of credit union operational metrics each and every day for our credit union partners” said Thomas Hull, Business…
Last week CU*Answers kicked off a new initiative designed to expand the opportunities its credit union owners and clients have for interacting with CUSO. “This initiative is a response to our desire to work harder than ever to give credit unions ways to interact with us in new ways,” said Dawn Moore, CU*Answers EVP of…