Author Archives: Lender*VP Editor

Lender*VP Assists Clients Recoup Recovery Accounts

January 2012 proved to be a great start for Lender*VP collections group at CU*Answers. Ripco Credit Union, based out of Rhinelander, Wisconsin, selected the 100% credit union-owned CUSO to handle their recovery accounts for them. This brings the total number of clients to 13. CU*Answers, parent company of Lender*VP, found that many of their clients

CU*Answers Lender*VP Waiving Fees this Fall

Grand Rapids, MI – August 1st, 2011 The Lender*VP division of CU*Answers Management Services has recently announced that it will waive fees for many of its commonly-used services for 2 years, for credit unions that sign-up prior to September 1, 2011. According to CU*Answers this initiative is to urge credit unions to better take advantage

Collections Roundtable Series Announced

As part of its on-going Collections Round Table Group, CU*Answers has announced its upcoming calendar for offering these quarterly offerings. Remaining dates for this year include August 23rd and November 17th. Held at corporate offices, CU*Answers stated that the Collections Roundtable provides credit unions an open forum discussion with experts and peers regarding issues as

CU*Answers Introduces Lender*Hub

Grand Rapids, MI – July 26th, 2011 According to CU*Answers, a major 2012 initiative for the provider of CU*BASE core data processing services is to assist its credit union clients in tapping into loan volume, and with the addition of 4 new connections slated to be added this year, CU*Answers and CU*BASE will have 9

Lender*VP Collections Roundtable Schedule

The Lender*VP team of CU*Answers has announced that it will be hosting a Collection Roundtable Event on Wednesday, May 25th, from 9:30am  – 12:00 as well as again from 1:30 – 4:30. Held at the CU*Answers offices in Grand Rapids, Michigan, the Collections Roundtable is an open forum discussion on collections laws, internal procedures and

CU*Answers Collections Client Base Grows to 13

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

Lender*VP Adds Massachusetts State Employees CU

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

Pay Day and Short Term Loans

CU*Answers Offers Pay Day Lending Solution

West Michigan-based CUSO, CU*Answers announces it now has two credits union utilizing its standalone web-based short-term loan origination tool, Retailer Direct: MicroLender.

CU*Answers Announces Enhancement to Online Credit Cards

Lender*VP, a division of CU*Answers, announces its latest enhancement to their online credit card program, which allows credit unions to schedule skip-a-pay programs without a fee.

CU*Answers to Participate in Prime Alliance Beta

CU*Answers and its partnership with web-based mortgage solutions provider, Prime Alliance continues to grow, as it accepts an invitation to participate in the new Version 8.2 release.

Lender*VP Recommends Reports to Enhance Bottom Line

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

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