CU*BASE Adds Certificate Default Maturity Options

CU*Answers has recently announced a series of options to improve processes in the CU*BASE system impacting Certificate product configurations.

According to the West Michigan-based CUSO, to make it easier to set up special certificate products, credit unions are now able to specify a default Renewal Code and Renewal CD Type on the Certificate Type configuration.  For example, to offer special promotional rates for certificates but limit to a single term, credit unions can set the default code to something other than auto-renew.  Or, for products that do auto-renew by default, credit unions can specify a different default Renewal CD Type (such as a 9-month special CD to automatically roll to the standard 3-month CD).

For more information about these features or other enhancements included with the 10.3 CU*BASE software release, access

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