The Lender*VP Collections team at CU*Answers added DayMet Credit Union (Dayton, OH), its 24th client. The $90M credit union has over 8,600 members. Collections Manager Jerry Collins said, “We’re happy to bring DayMet on as a client. Whether as a full service provider or a fill in, we’re happy to help credit unions shore up…
The Lender*VP Collections team at CU*Answers has added yet another client bringing its current total to twenty-three. $1.2M Urban Upbound FCU based in Long Island serves over 1,100 members. “Regardless of size, credit unions face daily challenges with managing their collections portfolio,” said Jerry Collins, collections manager. “Having them look to us with even a…
CU*Answers, the 100% credit-union owned, cooperative CUSO, headquartered in Grand Rapids, Michigan, has partnered with CUNA Mutual Group to offer a single sign on (SSO) to allow a flow of information between CU*BASE®, CU*Answers’ core processing platform, and the CUNA Mutual Group website to quote Miscellaneous Coverage options. The integration between CU*BASE and the CUNA…
CU*Answers, the 100% credit-union owned, cooperative CUSO, headquartered in Grand Rapids, Michigan, has partnered with Frost Financial Services, Inc. to offer a single sign on to allow a flow of information between CU*BASE®, CU*Answers’ core processing platform, and the Frost website to quote Misc. Coverage options. The integration between CU*BASE and Frost allows applicant and…
With the addition of several new credit unions joining the cuasterisk.com network this year, the Lender*VP Forms team is looking ahead to the many custom forms programming projects that will come with them. The team has approximately 50 forms programming projects in the pipeline, including over 230 lending and membership forms. The Lender*VP Forms team…
2018 brought CU*Answers a record-breaking year in terms of the total number of new and updated forms programmed in CU*BASE® and overall number of projects completed. CU*Answers digitized approximately 1,200 forms spanning a total project count of 473, including forms for eleven new credit unions in the cuasterisk.com network. Credit unions signed up for eDOCSignature…
Lender*VP Forms, a division of CU*Answers, completed the annual update for the ‘Price You Pay for Credit’ forms as part of the 18.12 CU*BASE® release. The graphs and scoring ranges have been updated with the 2018 FICO information received from the credit bureaus for each FICO model supported. Lender*VP Forms offers two custom loan forms—consumer…
CU*Answers has partnered with VantageScore Solutions to allow credit unions to pull an alternative credit score to the traditional FICO score. Utilizing VantageScore will allow for additional insight into the credit history for those members who do not have enough data to return a valid FICO score. The VantageScore 3.0 platform has allowed between 30-35…
Lender*VP, a division of cooperative CUSO CU*Answers, announced that over fifty credit unions are now participating in its credit score soft pull program. Participating credit unions are finding that the service offers two primary benefits: stronger statistical analysis at the credit union level and more effective interactions at the member level. Pete Winninger, VP of…
The Lender*VP Collections team at CU*Answers announced that it has added Cornerstone Community Credit Union as its 20th client. The $21 million, Des Moines, Iowa credit union chose the CU*Answers team to help them consistently work on their delinquent portfolio. “Cornerstone Community was in the process of re-staffing their lending team and realized that we…