Horizon Utah Federal Credit Union has announced its intention to upgrade to the CU*Answers core processing platform, CU*BASE, in November, 2009.
Horizon Utah Federal Credit Union is a full-service credit union with 5 branches located in the Davis County area. This well established credit union has almost 14,000 members and total assets approaching $100 million.
The CU*Answers business model that of a Cooperative CUSO is unique in the industry, and offers a range of products and services that will benefit the members of Horizon Credit Union and also provides the necessary technology to keep us competitive and secure in a challenging market, said Horizon CEO Randy Gailey. We are looking forward to the added value that collaboration with other CU*Answers owners and clients will bring.
CU*Answers offers its core processing system in both an ASP (service bureau) and In-house processing environment. Each model offers the same level of CU*BASE functionality and is appropriate for credit unions of any size. Horizon Utah will be taking advantage of the CU*BASE Inhouse processing solution. The underlying foundation to provide this environment is IBMs POWER6 server platform running IBM i and its fully integrated DB2 relational database. With over 700,000 systems installed worldwide, the IBM i delivers industry-leading performance with unrivaled customer satisfaction and loyalty. According to CU*Answers, this allows credit union clients to spend time managing their credit union, not managing their servers and databases.