CU*Answers is gearing up to modify our regular statement program to include the closed-end mortgage information required per Regulation Z as of January 31, 2014. The changes planned were outlined in a CU*Answers Announcement dated August 26, 2013. The credit union comment period ended last week. Jim Vilker, VP of Professional Services and head of…
CU*Answers, the West Michigan-based core data processing cooperative, recently announced its decision to harness the power of its in-house archival solution powered by eDOC Innovations, eliminating the need to use software owned and managed by a third-party for archival of reports and statements. Company representatives of CU*Answers indicate the change to archival services will greatly…
CU*Answers, the West Michigan-based core data processing Cooperative, announced that it had recently completed converting Florida Hospital Credit Union (Alamonte Springs, FL) to its CU*BASE® processing platform. A CU*Answers spokesperson said the credit union implemented the CU*BASE SaaS processing solution, which offers a wide variety of member self- service capabilities. Several of these include the…
CU*Answers, Inc., a Grand Rapids, Michigan-based cooperative CUSO, has been approved to participate in a newly announced IBM program for its business partners called the Managed Service Providers, or MSP program. As an MSP partner, CU*Answers will be able to leverage IBM co-marketing, training and technical support services designed to help drive opportunities with mid-market…
Lake State Credit Union, based in Moose Lake, MN has signed with eDOC Innovations’ to implement DocLogic, a complete core image processing suite of products. With the DocLogic Suite credit unions can manage their forms, receipts, reports, loan and check processing within one robust core image processing module. Laly Larson, Chief Information Officer of Lake…
The 2014 Business Plan for Xtend, Inc. was recently approved by the Board of Directors and has been made been made available to owners and potential owners of the Grand Rapids, Michigan-based multi-owned cooperative CUSO. Xtend President Scott Collins unveiled the plan to not only the nine-member CUSO Board, but also Board Directors of two…
Over the past several years, Xtend, Inc., the Grand Rapids, Michigan-based multi-owned cooperative CUSO, has experienced a growing demand for its core data processing conversion support services. As its 2013 fiscal year draws to a close on September 30th, the CUSO reports that their teams will have supported more projects during the year than ever…
CU*Answers, the Grand Rapids, Michigan-based cooperative CUSO, announced that it had recently added two new credit unions to its ownership ranks. These new owners include Greater Niles Community Federal Credit Union located in Niles, MI ($52M and 4,400 members), and Brewery Credit Union located in Milwaukee, WI ($36M and 7,700 members). Scott Page, CU*Answers EVP…
CU*Answers, the 100% credit union owned, data processing CUSO announced enhancements to the Loan Maturity Analysis Report in its flagship CU*BASE® data processing software. These changes were made to better assist credit unions in completing the 5300 Call Report within the CU*BASE software. “The most significant change is the new features making data mining friendly,”…
CU*Answers, the West Michigan-based CUSO, is proud to announce the recent conversion of Peoples Choice Credit Union, located in Medford, Wisconsin to the CU*BASE online processing system. When asked how did the conversion process go, CEO Matt Selke replied “CU*Answers and its staff surpassed all our expectations. The conversion was seamless. CU*Answers staff did a…