CU*Answers: Credit Unions More Willing to Pay Early Termination Fees to Change Data Processors
CU*Answers, the 100% credit union-owned cooperative CUSO, is noticing a trend starting to take root in the credit union industry: CUs appear to be more willing now to pay early termination fees to switch data processors. There is mounting frustration with the traditional data processor model, not only with what credit unions receive as part…