CU*NorthWest, a data processing CUSO serving the Northwest announced today it has received 3 letters of intent from credit unions in Washington state. The three credit unions intend on converting to CU*NorthWest for core data processing in the next year.
CU*NorthWest anticipates contract signing by the end of the first quarter of 2009. Letters of intent with a corresponding deposit are used to secure position for the credit union in the CU*NorthWest conversion calendar.
CU*NorthWest anticipates being sold out within the next 90 days for the 2009 calendar year.