CU*Answers Announces Conversion Calendar Sold Out for 2009

CU*Answers, a West Michigan-based CUSO headquartered in Grand Rapids, announces that it has sold out for its next year’s CU*BASE client conversion slots. CU*Answers says that this already record year for client conversions, is made even more impressive with the inception of 2 new start up credit unions, and their use of CU*BASE. CU*Answers says they have 16 clients, representing more than 135,000 members scheduled to convert to CU*BASE during the 2009 fiscal year. In addition to those 16 client conversions, 2 new credit unions are expected to begin operations using CU*BASE as a result of an aggressive campaign that was announced in 2008, in which CU*Answers committed to providing free data processing for the first 2 years of operation to any new start-up credit union.

Scott Page, EVP of CU*Answers says “this level of client commitment desiring to solidify conversion dates throughout 2009 is unprecedented, and speaks volumes for how clients are embracing the CU*Answers CUSO model and CU*BASE processing system. In difficult economic times, CU*Answers clients are very optimistic at opportunities for partnering with other industry peers to create even greater member value at considerably reduced CUSO price points”.

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