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
Author Archives: Lender*VP Editor
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.
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
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 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
