CU*Answers Waives COLA 3 Years in a Row

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

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.

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