CU*Answers Announces Fee Savings (Christmas in June)

Grand Rapids, MI – July 26th, 2011
CU*Answers recently announced some fee decreases and other changes which will impact the invoices of its credit union clients to the sum of $466,000 in savings for its online CU*BASE processing credit unions over the 2012 business year.

Among these changes announcements is a 10% price decrease for online ATM/Debit transactions (projected $341,000 total savings) and the elimination of the minimum monthly check transaction fee ($18,000 annually).

CU*Answers also announced that the COLA increase for 2012 will be cut by 50%, total savings for all credit unions projected at approximately $107,000 next year and every year after that.