CU*Answers, the 100% credit union-owned data processing CUSO, is enhancing their Qualified Dividends product to be able to link a sub savings account to it. Thanks to engagement from Superior Choice Credit Union, a new marketing opportunity has arrived within CU*BASE^®. This enhancement allows credit unions to link a savings product to a Qualified Dividend checking product to help members maximize their dividend rate.

In a nutshell, credit unions and members can link a qualified dividend checking product to a single savings product on which you have set up a qualified-style rate structure. Rates on the savings account will be qualified based on the settings from the qualified divided checking product. That means that to get the qualified rate on that savings account, the member would need to qualify on the checking account according to the rules on that product.