Xtend, a shared resource services CUSO is owned by 104 credit unions. Structured similarly to a credit union, each owner has equal ownership. Each year the board solicits owners to run for the nine-person board of directors. This year the owners appointed Chuck Papenfus, Inland Valley Federal Credit Union in Fontana, California; Carma Peters, Michigan…
CU*Answers network credit unions are seeing success with the launch of their 1-Click unsecured loan offers. 1-Click offers let credit unions define parameters to qualify members for a loan offer. Qualified members see the offer as a banner ad in online or mobile banking that can be accepted with a click. One network credit union…
The combined conversion teams of CU*Answers and CUaxis converted 7,614 members for Lesco Federal Credit Union to the data processor’s CU*BASE® platform in July. Lesco Federal Credit Union, located in Latrobe, PA, converted from the Fiserv Charlotte platform. It was the first joint project between the two firms that was not a migration from the…
The strategic initiative of CU*Answers to support de novo credit union efforts by providing pro bono core processing and operational services has announced a collaborative alliance with 4PJ Consulting, LLC, a credit union consulting firm located in Celina, Texas. CU*Answers, as a 100% credit union owned co-operative, has for the last twenty years subsidized the…
Asterisk Intelligence, the data analytics and data warehousing team at CU*Answers, is excited to announce BlueOx Credit Union as the winner of their quarterly Data Fact email contest. “Data Facts are email communications our analysts send to credit union executives designed to raise awareness of data driven tools, resources, tactics, and strategies available within CU*BASE…
The CU*Answers SettleMINT EFT team converted 503 credit card loans for County City Credit Union to the CU*BASE online credit card platform. County City Credit Union, located in Jefferson, WI brought their credit card portfolio in-house. “Real time payments and disbursements within It’s Me 247 are just a couple of the benefits for credit unions…
CU*Answers, the Grand Rapids, Michigan-based cooperative CUSO, and its partners at CUaxis, have completed the last of thirty-four core conversion projects over an eighteen-month period of time. The two CUSOs successfully transitioned thirty-four credit unions from AMIS, the core data processing system that was being sunset by MyCUServices, to CU*BASE, the flagship core data processing…
CU*Answers, the Grand Rapids, Michigan-based cooperative CUSO, recently completed a busy quarter of trade show participation. During the second quarter of the year, CU*Answers had representatives at fourteen industry events. “It was great to see so many folks face-to-face again,” said Scott Collins, EVP of National Sales and Marketplace Relationships for the CUSO. “It was…
CU*Answers announced it will be attending ACUMA’s 2022 Annual Conference taking place at the Cosmopolitan in Las Vegas, NV from September 18th – 21st. Scott Collins, EVP of National Sales and Marketplace Relationships, said, “The ACUMA Annual Conference represents a premier event for credit union mortgage lenders wanting to focus on tools and tactics that promote…
CU*Answers recently announced the official launch of CUSO Women at a kickoff event held at CU*Answers on June 23, 2022. CUSO Women, an employee resource group, came together to start the dialogue in hopes of helping to grow, develop and foster all women to reach their next developmental level and to grow the pipeline of…