West Michigan-based core data processor, CU*Answers, announced that University of Toledo Federal Credit Union successfully converted to the CU*BASE data processing system in April. The credit union represents 6,500 members and $68.3 million in assets. University of Toledo FCU was able to offer its members new and improved services through CU*Answers including It’s Me 247…
CU*Answers is holding its second annual Data Investment Symposium this week on April 27, 2016 at its Grand Rapids corporate headquarters. The Data Investment Symposium is a focus group event to brainstorm on investments the CUSO should be making with its comprehensive set of data analytics and dashboards already incorporated within the enterprise CU*BASE® processing…
CU*Answers, the 100% credit union-owned, data processing CUSO announced it hosted its monthly Tricks of the Trade webinar for the month of April. This month’s session reviewed several documents available in the CU*Answers Risk Assessment Center including the It’s Me 247 Online Banking risk assessment product feature matrix. The 30-minute session gave an overview of…
Cooperative CUSO CU*Answers recently offered a free, interactive web course regarding Business Continuity Management (BCM) and planning. It included an overview of the five-phased approach utilized from start to finish for the development and implementation of an effective and efficient BCM program based on industry best practices, scalable for all organizations. The course was presented…
CU*Answers, the Grand Rapids, Michigan-based cooperative CUSO, is working closely with technicians at IBM to prepare for the migration of its online core processing servers to IBM’s latest POWER8 technology later this year. Currently, CU*Answers supports nearly two hundred online credit unions on an IBM POWER7 foundation. According to Scott Collins, the liaison to IBM…
CU*Answers, the Grand Rapids, Michigan-based cooperative CUSO, announced that it recently migrated its core development environment to the latest IBM POWER8 server technology. The CUSO utilizes the POWER8 as its primary development engine for the CU*BASE® core data processing suite that is used by more than 250 credit unions nationally. Scott Collins, the liaison to…
The West-Michigan based cooperative CUSO, CU*Answers is pleased to announce that its newest education tool released in 2015 has now been deployed to seven of their clients, CU*BASE Custom Training Edition (CTE). “CTE is a copy of the credit union’s live data, copied over to a training environment,” states Laura Welch-Vilker, VP of Client Services…
On April 15, 2016, CU*Answers, a 100% credit union-owned CUSO, broadcasted a 60 minute web-based educational presentation for credit unions on developing and testing business continuity and recovery plans. Topics covered in the presentation include steps to help credit unions assess where their current plans fall short and design the roadmap that will take them…
AuditLink, the audit and compliance division of the West Michigan-based CUSO CU*Answers, has announced the date of their 2nd annual Conversations on Compliance event. “We had a really great turnout last year so we have decided to make it an annual event,” said Marsha Sapino, AuditLink Associate. Sapino continued, “Our lineup will consist of Jim…
National Financial Literacy Month is nationally recognized in April in an effort to highlight the importance of financial literacy, and to teach how to establish and maintain healthy financial habits. CU*Answers, as a cooperative CUSO, also acknowledges the importance of maintaining good financial habits, and furthermore recognizes the industry importance of growing and maintaining financial…