CU*Answers, the 100% credit union-owned cooperative CUSO, announced that Cheboygan, Michigan-based Straits Area Federal Credit Union has become its 137^th owner. Straits Area FCU became the CUSO’s first credit union investor in 2019 and the 67^th Michigan-based credit union to join its ownership ranks as an equal owner of the 49-year old cooperative.

Scott Collins, EVP of National Sales and Marketplace Development for CU*Answers commented: “We are very happy to welcome Straits Area FCU to the cooperative as our newest owner. Cindy Harrison (SAFCU CEO) and her team have been a customer of our CUSO for more than a decade, and their decision to become an owner was exciting news for our Board and executive teams. We look forward to introducing SAFCU as a new customer-owner at our Annual Stockholder Meeting on June 19^th.”