CU*Answers Sends Dividend Checks to Owners

CU*Answers, a 100% credit union owned CUSO, announced it has sent dividend checks to its owners for 2012. The data processor stated it was proud to announce they were returning a record sum to its owners. The cooperative CUSO went on to say that it believes credit unions should see a Return on Investment from their data processor whether it be in the form of continuous advancement of new tools/product offerings, and/or in the form of dividends.

CU*Answers added that the CUSO started offering an ownership opportunity to its clients in 1985 and has grown from an original 15 owners to over 100 owners today. CU*Answers stated that there are a variety of financial and non-financial opportunities and benefits enjoyed by its credit union owners, including being provided the option of being nominated and voting annually for its Board of Directors.