CU*Answers has scheduled the release for March 16 for the final phase to comply with NACHA’s Same Day ACH rules. Phase 3 requires that same-day credits must be posted by 5:00 p.m. credit union time. There will be changes to the timing of the existing ACH postings for the ‘morning’, ‘mid-day’ and ‘evening’ batch postings…
On Thursday, March 1, credit unions who purchased the Cooperative Campaign from CU*Answers Marketing launched the third of twelve creative campaigns. March’s campaign features a “Like our Facebook” incentive the credit unions can link to their Facebook page for a quick and effective way to reach their members. Banners included in the monthly campaign are…
CU*Answers is preparing for the next Bank Secrecy Act requirement coming this spring for tracking legal entity accounts only to allow credit unions to perform additional due diligence on any individual owning 25% or more of the company or who acts as a controlling agent on behalf of the company. It was designed to curb…
CU*Answers will release the ability for their client credit union data analysts to pull data from an external source in CU*BASE®, the core processing software, and update their own configured data elements into the core. With the increased technical knowledge of credit union data analysts, CU*Answers is now allowing for the credit union employee to…
A software release was successfully processed on February 28th for Analytics Booth, a web-based analytics product offered by CU*Answers, a 100% credit union-owned data processing CUSO. The new release includes a strong improvement within the products’ Trends section with the launch of an Executive Summary feature. The new Executive Summary capabilities add 6 new data…
CU*Answers announced its Developer’s Help Desk (DHD) has recently added its newest video guide to the DHD website for building custom software with CU*Answers. Scott Page, business manager for the Developer’s Help Desk, said the DHD offers a creative new way for clients to design, build and manage custom development software solutions with CU*Answers. An…
West Michigan-based cooperative CUSO CU*Answers recently announced that its annual Leadership Conference will take place Tuesday, June 26th through Thursday, June 28th. The week’s events start off with a full schedule of networking opportunities. These events include the Xtend stockowners meeting and sales meeting, which is concluded with a cuasterisk.com cocktail reception. All of Tuesday’s…
Credit score analysis continues to be a focus of development in CU*BASE®, the core processing platform of cooperative CUSO CU*Answers. The credit score analysis dashboard examines all member credit scores, allowing the credit union to dissect the files and perform in depth analysis. To maximize the benefit of the feature, credit unions can opt to…
CU*Answers, the West Michigan-based core data processing CUSO, has an integration solution for FIS ChexSystems’ Qualifile. Client credit unions can now join over 9,000 other financial institutions utilizing this powerful risk management tool with a single sign-on through CU*Answers’ CU*BASE® platform. This integration represents another key relationship CU*Answers has secured in the industry that will…
Located in Des Moines, Iowa, Cornerstone Community Credit Union recently completed a Complete Care Essentials project upgrade under the direction of the CU*Answers Network Services team. Complete Care Essentials is designed around the same principle as the all-inclusive Complete Care offering but utilizes a one-size delivery of essential services using private and public cloud technologies.…