CU*Answers, the core data processor headquartered in West Michigan, has released its 2010 pricing. 2009 was a great year for the CUSO’s cost-minded credit unions and it appears to continue through the New Year. The CUSO’s pricing strategy clearly demonstrates that credit union-owned models charge when they have to, and not just because they can.
For the third year in a row, there will be no COLA increase affecting credit union invoices. In 2009, CU*Answers held a 10 year pricing analysis focus group to show how pricing has trended down for a decade. The CUSO has illustrated a continued commitment to keeping costs low for its credit unions, while continuing to build value and provide them with top-notch service and innovative tools. To view the materials from this Focus Group, visit http://cuanswers.com/kitchen/
The CUSO has also announced it will be offering It’s Me 247 Mobile Banking free to its credit unions for when released in 2010.