CU*Answers, the 100% credit union-owned data processing CUSO, understands that being “in the know” is key in today’s market. CU*Answers is working with its credit union clients to update their organizational and employee profiles, to ensure the right people are contacted. “Thank you to all of our credit unions who have already submitted updated profiles…
Internal teams at CU*Answers are actively brainstorming on system improvements to tracking the accounting life of fixed assets, prepaid expenses and accrued expenses. Tools will be redesigned so that it is easier to create and work with subsidiary items (i.e. office equipment, buildings, training classes, etc.). The table structure will be re-evaluated, redundant screens will…
AuditLink, the audit and compliance division of cooperative CUSO CU*Answers, recently announced that it has hired Marvin Johnson as its new assistant manager. Mr. Johnson will assist VP Jim Vilker in managing the team of compliance experts in delivering specialized services that enable credit unions to meet regulatory guidelines pertaining to policies, procedures, member disclosures,…
The Developer’s Help Desk (DHD) of CUSO CU*Answers recently announced the release of its Fall 2018 API catalog. API development represents an important process to continually enhancing CU*Answers’ capabilities to remain flexible for providing data in a streamlined, secure manner. This is not only for the tools they develop but provides a gateway to allow…
Cooperative CUSO CU*Answers recently announced the development of an upcoming ‘Micro App’ store for credit unions. The store will be a place for CU*Answers to develop a new family of mobile apps designed to supplement current kitchen sink-style apps. These will be copyrighted by CU*Answers and sold as specialty apps, with fees to include one-time…
Reliable performance, efficient design, flexible implementation, increased security and maximized uptime are the qualities that drive CU*Answers’ 24/7 projects. CU*Answers is currently taking client requests for the launch of 7-day per week processing. Even though credit unions may not be open on Sundays, holidays or other non-business days, members are wanting to conduct their own…
CU*Answers is keeping fraud prevention high in its products and features with the latest ATM enhancement to aggregate ATM deposits in a single day for each member. This feature allows the credit unions to better mitigate the risk of a member making numerous small deposits in the same day or leaving empty envelopes in the…
The fourth and final quarterly contest for 2018 has come to a close for CU*Answers. The bill pay contest ran from October – November with a winner drawn in December. “Thanks to all of the 75 participating credit unions who entered to win,” said Marketing Manager Pete Meyers. “In holding these free contests for our…
CU*Answers, the Grand Rapids, Michigan-based cooperative CUSO, recently attended an IBM invitation-only event in New York City that was designed specifically for the computer giant’s business partners and customers. The primary focus of the briefing was to preview IBM’s new POWER9 server architecture that is now being delivered to its clients worldwide. “We are proud…
Cherokee Strip Credit Union (Ponca City, OK) has converted to CU*BASE, the core processing platform of West Michigan-based cooperative CUSO, CU*Answers. The $70M credit union is the first Oklahoma credit union to join the CU*Answers family. Johnny O’Hare, Cherokee Strip CEO said: “After 27 years on our legacy core platform, we’re very pleased to be…