CU*Answers Lender*VP Forms Team Takes Final Steps to Complete Move to FEP Platform

CU*Answers is nearing the end of our file expansion project (FEP), which will be the new platform for CU*BASE®. The project has required over 7200 hours of testing and support throughout multiple departments.  Our teams have tested over 2100 custom forms for our clients over the past 12 months.  As of September 14, 2014 we have converted over 94% of our current 220 cuasterisk.com network clients to the new platform.  With our dedicated resources and time we have ensured the transition to the new platform of CU*BASE has been smooth and seamless for our clients.

The major aspects of this expansion project were our loan forms to now support loan values of up to $999,999,999.99.  We have also expanded the values within the member’s accounts to accommodate the new dollar limit as well.

These new file structures will now allow our credit unions to seek out new opportunities within the lending structure of our dynamic and constantly changing environments.  This will be an asset to help gain additional member and business accounts in the future.

“Really, we barely noticed anything when we transitioned to FEP, and we were the second beta credit union. That’s really crazy”, states Linda Bodie, Chief + Innovator or Element Federal Credit Union. “I think we found two or three issues upon the conversion but those were relatively minor and cleaned up quickly. After that, it was business as usual.”

Dean Wilson, President/CEO of Focus Credit Union (Wauwatosa, WI) says “As a small credit union we often try to get involved in the development of our shared data processing resources. This year as we offered to ‘beta’ the new FEP release our transition was so smooth and seamless it was difficult to grasp that this wasn’t the production release. CU*Answers values all of its partners contributions to development and strengthening of the CU*BASE® GOLD flagship and our small efforts on the File Expansion Project were well worth it.”