CU*Answers Announces $1.2M Patronage Return

As 2011 begins, some credit unions are reminded of the value in choosing to partner with a 100% credit union-owned CUSO.  CU*Answers, a core data processing company headquartered in Grand Rapids, MI, has recently announced a $1.2 Million Patronage Dividend return to its credit union owners.

This return is over a 71% increase from last year’s Patronage Dividend of $700,000.  The CUSO attributes success of 2010 to the dedication of its owners/clients and network partners in promoting collaboration as a means for sustainability.

CU*Answers presently has 91 stockholders, with 9 of them being added in 2010 alone.