Building Trades Federal Credit Union becomes newest CU*Answers owner
GRAND RAPIDS, MI (November 6, 2017) — Building Trades Federal Credit Union, located in Maple Grove, Minnesota, has become the newest owner of West Michigan-based cooperative CUSO, CU*Answers. The $140 million credit union represents approximately 17,000 members, and becomes the 127th current CU*Answers credit union owner.
Scott Collins, CU*Answers EVP of Sales said: “Congratulations to Building Trades Federal Credit Union, the second new owner of the 2018 fiscal year! There continues to be a strong desire within credit unions to engage with other peers in the collaborative processes offered within a true cooperative business model, such as CU*Answers. They want to exercise their equal voting privilege and direct input for helping set the future leadership and development direction of their technology partner. For most, this represents a unique and uncommon opportunity to actively participate.”
Affinity CU (Des Moines, IA) became the 126th owner in October 2017; the CUSO’s first for the fiscal year.
CU*Answers offers expertise in implementing technical solutions to operational needs, and is a leader in helping credit unions form strategic alliances and partnerships. CU*Answers provides a wide variety of services for credit unions including its flagship CU*BASE® processing system (online and in-house) and Internet development services featuring It’s Me 247 online and mobile banking. Additional services include web development, network design and security, and image check processing. Founded in 1970, CU*Answers is a 100% credit union-owned cooperative CUSO providing services to credit unions representing over 2 million members and $26 billion in credit union assets. For more information, visit www.cuanswers.com.