CU*Answers, the 100% credit union-owned, cooperative CUSO closed out its 2014 tradeshow season by attending the Missouri Credit Union League 2014 Convention & Exposition at Chateau on the Lake in Branson, Missouri from October 21st to the 23rd. “We’re finding that more and more credit unions across the nation are hearing about CU*Answers and the…
CU*Answers, the 100% credit union-owned data processing CUSO, recently announced it will be holding its next Collections Roundtable on November 18 in Grand Rapids, MI. The roundtable is a quarterly event that CU*Answers holds for collectors to interact with peers and discuss collections related topics in a relaxed environment. There will be a morning and…
West Michigan-based cooperative CUSO, CU*Answers, announced an upcoming regional training event in Appleton, WI. The Wisconsin area training event will be held November 20 and provide attendees with a full day of education from CU*Answers with a focus on specific credit union industry criteria. The CUSO stated this year’s event will focus on a regulatory…
On November 5, 2014, CU*Answers, a 100% credit union-owned CUSO, completed a disaster recovery test of the Electronic Check Processing (ECP) environment that serves 75 client credit unions processing nearly 1 million checks monthly. Annual testing is performed to validate documented recovery procedures and to confirm the capabilities of the continuity and recovery strategies implemented.…
On November 11, 2014, CU*Answers, a 100% credit union-owned CUSO, reached another milestone in an effort to improve availability of its third-party EFT vendor services network by upgrading data communications connectivity for member credit unions serviced by Vantiv. As part of a major project to migrate each key ATM/Debit and Credit Card vendor into a…
Over the past year, Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, experienced a continued high demand for its compliance monitoring services. Since January of 2014, Xtend’s AuditLink support business unit saw its client base increase by more than eighteen (18) percent. Xtend President Scott Collins noted, “Our compliance monitoring service is a three-way…
Greensboro Municipal Credit Union, based in Greensboro, NC has chosen CU*Answers Network Services (CNS) as their managed technology partner, utilizing the Complete Care management services offering. The Complete Care service is specifically focused on the unique needs of credit unions and encompasses both day to day operational and strategic IT needs into a single unified…
CU*Answers, a 100% credit union-owned CUSO, held their annual 2014 “CEO Strategies Week” conference last week in Grand Rapids, Michigan. CEOs from 61 credit unions from across the country gathered for three days of collaboration, learning, and direct peer interactions aimed specifically at credit union CEOs. The week includes a half-day CEO Collaboration Workshop, where…
The Lender*VP team at CU*Answers, the 100% credit union-owned cooperative CUSO, has responded to the requests of their clients and are now offering recurring credit score soft pulls. Lender*VP has partnered with Columbus, Ohio based CBCInnovis to create a seamless process for their clients. Negotiations are underway with other major credit bureaus to satisfy the…
CU*Answers, data processor to nearly 200 credit unions nationwide, announced the winners of their first Cost of Compliance contest at its recent CEO Strategies Conference. Contest participants were tasked to create a template that provides a standard way of accounting for an institution’s overall costs associated with compliance related activities. “Nine credit unions participated in…