CU*Answers, the Grand Rapids, Michigan-based cooperative CUSO, announced that Maui Teachers Federal Credit Union will be joining its cooperative network following an early 2021 conversion to the CU*BASE core data processing suite. The credit union is headquartered in Wailuku, Hawaii.
Kelly Tobita, CEO for Maui Teachers FCU commented: “We had heard great things about CU*Answers from our friends over at Hawaii Central FCU in Honolulu, so when we started thinking about a core search they were one of the first vendors we invited to participate. What we discovered in talking to the CU*Answers team and their clients was that they were more than just a vendor, they were a true partner of the credit unions in their cooperative. Our due diligence convinced us that CU*Answers was the partner we were looking for and we look forward to joining their network in early 2021.” Tobita also noted that the credit union plans on becoming a stockholder in the cooperative.
Scott Collins, EVP of National Sales and Marketplace Relationships for CU*Answers said: “We are very excited that Kelly and her team will be joining our network in March, particularly because they will become our first Maui-based partner. I commend both the credit union and their consultant on the thoroughness of the due diligence process, particularly based on the challenges presented to them by the pandemic.”
Collins continued: “It was also very refreshing that the Maui Teachers team shared with us that our core tool set would not only save them money, it would also provide them with additional functionality to engage and serve their members more effectively. We look forward to supporting their business plan for many years to come.”
The core conversion will go live on March 1st, 2021.