During the CEO Strategic Developers Boot Camp in November 2018, cooperative CUSO CU*Answers brainstormed with credit union CEOs on the future of teller platforms from a big picture, strategic point of view. On February 14th the CUSO held update webinars for other interested credit union subject matter experts. The next step is to invite more…
Each year CU*Answers, a 100% credit union-owned CUSO, holds an annual election for opportunities to run for a seat on their board of directors. The CUSO has officially closed the nomination process for their 2019 annual stockholder election, which will be held on June 19. The meeting will take place at the JW Marriott in…
A data warehouse product is on the market from CU*Answers, a 100% credit union-owned data processing CUSO. Following a soft-launch of the product in January 2019, the Asterisk Intelligence team at CU*Answers is spending the month of April as a celebration of the data warehouse to promote awareness and sales within the cuasterisk.com network. The…
The CU*Answers Conversions team converted over 14,000 members for TruChoice Federal Credit Union to the data processor’s CU*BASE® platform in March. TruChoice FCU, located in Portland, ME, converted from Finastra’s D+H platform. The $134M credit union represents the 2nd Maine credit union to join the CU*Answers family. “Cumberland County Federal Credit Union has been a…
CU*Answers, the 100% credit union-owned data processing CUSO, held a Get Connected series with Kasey Woodhead, Assistant Manager of Client Services and Education. Get Connected is a monthly webinar series focused on CU*Answers Management Services and the people who drive them. These brief 30-minute sessions introduce participants to CU*Answers Management Services and the value each…
The CU*Answers SettleMINT EFT team converted 1,329 credit card loans for Madison County Federal Credit Union to the CU*BASE online credit card platform. Madison County Federal Credit Union, located in Anderson, IN, 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…
CU*Answers announced that the volume of Design Studio (custom software) projects submitted through its Developer’s Help Desk (DHD) is steadily increasing. During the most recent 12-month period, 224 Design Studio projects were fully completed, which represented over 7,600 programming hours. The volume of Design Studio project requests received also increased by over 20% compared with…
CU*Answers, the 100% credit union-owned, cooperative CUSO, headquartered in Grand Rapids, Michigan, announced a new opportunity for its partners and owners to earn a $3,000 CollabRebate for testing new CU*BASE® tools and features associated with the data processor’s upcoming 19.05 software release. The rebate is part of a program that CU*Answers calls Jump in the…
Bay Area Credit Union recently launched a new website. The new site features helpful links in the header, large rotating banners for featured products & services, It’s Me 247 online banking login, Join BACU, ATM search and a live chat option all on the home page. The home page is uncluttered but provides quick access…
CU*Answers has completed the changes to its core software, CU*BASE®, to comply with the Freddie Mac processing changes required for the May 2019 loan reporting cycle. Freddie Mac’s Investor Reporting Change Initiative converts single-family investor reporting requirements to an industry standard monthly reporting cycle beginning on the first of the month and allows for daily…