CU*Answers’ collaborative collection service business continues to gain force as it adds two new credit unions to its client base. Aberdeen Federal Credit Union of Aberdeen, SD, and District Government Employees Federal Credit Union of Washington, D.C., have joined eleven other credit unions across the nation in utilizing CU*Answers, a 100% credit union-owned CUSO, for
Author Archives: Lender*VP Editor
Lender*VP Adds Massachusetts State Employees CU
October 14, 2009 – 3:58 pm
Lender*VP, a division of the West-Michigan based CUSO, CU*Answers, announces the addition of a new collection client. Massachusetts State Employees Credit Union in Boston recently converted to CU*Answers flagship data processing system, CU*BASE. They have also opted to utilize the early-stage collection services offered by the CUSO. CU*Answers credits the success of this program in
CU*Answers to Provide Instant Card Issue
September 3, 2009 – 11:30 am
CU*Answers, a CUSO headquartered in West Michigan, announces its newest service add-on for credit union clients: the ability for instant card issuance at their branches. This new managed service, offered by the Gividends Team of CU*Answers is made possible by partnering with Dynamic Card Solutions. Dynamic Card Solutions is an innovative developer of instant issuance
CU*Answers Reports Increased Use of Prime Alliance Platform
September 3, 2009 – 11:30 am
CU*Answers, the West Michigan-based CUSO known for providing its core processing system, CU*BASE, recently announced an increase in application and closing volume from credit union clients using the Prime Alliance mortgage origination platform. Through the partnership between CU*Answers and Prime Alliance, the CUSO is able to provide a streamlined mortgage application tool with full electronic
CU*Answers Offers FREE Tool to Assist Credit Unions in Completing Due Diligence Requirements
September 3, 2009 – 11:30 am
CU*Answers announces the roll-out of a new service to help clients complete third party due diligence on CU*Answers and partners involved with the cuasterisk.com network. The “Risk Management Report Generator” is a new Internet-based product which allows CU*Answers, Xtend, Audit Link, WESCO Net, and Lender*VP clients to complete their due diligence on services and products
Lender*VP Adds New Collection Clients
September 3, 2009 – 11:30 am
Lender*VP, a division of the West-Michigan based CUSO, CU*Answers, announces the addition of two new Collection clients. Meijer Credit Union of Grand Rapids, MI, and New Horizons Credit Union of Cincinnati, OH, recently converted to CU*Answers flagship data processing system, CU*BASE. They have also opted to utilize the early-stage collection services offered by the CUSO.
Amidst All The Numbers, The Value Of Still Telling The Story
September 3, 2009 – 11:30 am
By Frank J. Diekmann The business books and the pundits call it “lost opportunity cost,” the abstract yet very real economic benefits never realized because a business didn’t act when it should have. For credit unions this is hardly the time to talk about abstract costs when they’re being confronted by very tangible (and seemingly ongoing) expenses related to propping up the
Lender*VP Offers Tune-Ups to “Amp-Up” Profitability
September 3, 2009 – 11:30 am
Lender*VP, CU*Answers division of Lending Experts is proud to announce a series of “Tune-Ups” designed to help credit unions harness the power of existing CU*Answers’ tools to help increase income, decrease costs, and save employee time. This program is offered in 3 different levels—the first, “5000 Mile Tune-Up” is free to CU*BASE users and includes
Lender*VP Recommends Reports to Enhance Bottom Line
September 3, 2009 – 11:30 am
The Lender*VP Team of CU*Answers, a West Michigan-based CUSO recommends a series of reports to enhance credit unions’ bottom lines. These reports are available through CU*Answers’ core processing system, CU*BASE. Lender*VP, ‘Our Favorite Lending Reports’, are designed to analyze loan and collection business at the credit union level. Some of the reports include: Loan Interest
