CU*NorthWest, a 100% credit union owned cooperative CUSO has set the new price for an ownership share at $62,500.00. Each year the CU*NorthWest board of directors establishes the new stock price based on the audited financials from the prior fiscal year. Todd Powell, CEO of Spokane Firefighter Credit union and chairman of the board stated,…
Ravalli County and Bitterroot Community Federal Credit Unions have each signed 5 year contracts to use the core processing solution CU*BASE® GOLD. They will be the first Montana-based credit unions to utilize CU*NorthWest’s core processing product, CU*BASE. “We are excited to work with Ravalli County and Bitterroot Community FCU’s”, said Greg Smith, CU*NorthWest CEO, “both…
Ravalli County Federal Credit Union has becomes the latest client to purchase stock at CU*NorthWest. They are the 19th credit union owner of CU*NorthWest and the first Montana-based credit union owner at CU*NorthWest. “Our cooperative business model allows for an equal opportunity for ownership and voice, irrespective of member or asset size”, says Greg Smith,…
CU*NorthWest will participate in an annual user group event in Southern Californina to be held February 12th and hosted by RAFE Federal Credit Union. The event draws over 90% participation by California credit unions using the CU*BASE® GOLD core processing solution offered by CU*NorthWest. This annual event is a combination of user peer interaction with…
CU*Answers, the 100% credit union-owned cooperative CUSO, has announced that the deadline for its 7th Annual CU*Answers Video Contest has almost arrived, and all entries must be submitted by February 1. The video contest awards credit unions and their employees $1,500 for the categories of Best Video Idea and Best 30-Second Spot Idea. This year’s…
CU*Answers, the 100% owned cooperative CUSO is providing warm hospitality amongst the arctic winter weather that has hit the Mid-West. Although, some meetings have been cancelled due to treacherous roads, other clients and staff have been able to have meetings as usual. CU*Answers has meeting rooms that are accompanied by a staff that is willing…
Now that it has wrapped up assistance with the December 2013 Call Report, Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, announced that it has experienced an increased demand for 5300-related support services. The service, which is executed by members of the CUSO’s SRS (“Shared Resources and Staff”) business unit, provided assistance for twenty-four…
Executives at CU*Answers, the 100% credit union-owned cooperative data processing CUSO headquartered in Grand Rapids, Michigan, met recently to review new concepts submitted by associates as part of the Be An Innovator Program, native to CU*Answers. Randy Karnes, CEO at CU*Answers said about the group, “The innovators group at CU*Answers is designed to challenge to…
CU*Answers, the 100% credit union-owned cooperative data processing CUSO, reminds credit unions of the importance of connecting to members wherever they are through online, mobile, and text banking. Julie Gessner, Sales Administrator at CU*Answers, says members appreciate the convenience and familiarity of the It’s Me 247 Mobile Text Banking program offered by CU*Answers. Enrolled members…
CU*Answers, the 100% credit union-owned cooperative CUSO, recently announced the winners to its “My Favorite Things” contest, which was open to credit unions utilizing its core processing platform, CU*BASE®. In preparation for the final implementation of a large-scale programming effort to revamp the appearance of CU*BASE, the CUSO opened the contest to beta-testing credit unions…