CU*Answers, the 100% credit union-owned, cooperative data processing CUSO announced its newest update for its flagship core data processing system, CU*BASE^®. Version 13.3 will launch December 8, 2013 and be free of charge for all credit unions on the system.

Enhancements included with the upgrade include: automation of loading imaged member IDs for staff; simplifies ID windows; allows greater credit union security controls; creates new integration with third party vendors; greater 1098 reporting options; updated delinquent loan interest calculations; and changed how the system works with some third party debit and credit card vendors for automated funds holds.

“Our commitment to upgrading the software with three yearly annual releases and continuous monthly smaller releases – at no cost to the credit union – outlines our cooperative business model and how credit unions participate together for the benefit of everyone on the software,” said Scott Page, EVP of CU*Answers.