CU*Answers Announces Fee Savings

For more information contact:                                     
Rachel King, Sales Admin ext 130

Grand Rapids, MI – July 26th, 2011

CU*Answers recently announced some fee decreases and other changes which will impact the invoices of its credit union clients to the sum of $466,000 in savings for its online CU*BASE processing credit unions over the 2012 business year.

Among these changes announcements is a 10% price decrease for online ATM/Debit transactions (projected $341,000 total savings) and the elimination of the minimum monthly check transaction fee ($18,000 annually).

CU*Answers also announced that the COLA increase for 2012 will be cut by 50%, total savings for all credit unions projected at approximately $107,000 next year and every year after that.

About CU*Answers

CU*Answers was founded 40 years ago and is a 100% Credit Union owned CUSO located in Grand Rapids, Michigan. CU*Answers offers a wide variety of services for credit unions including its flagship CU*BASE Processing System in both an Online (ASP) and In-house environment, Electronic Check Processing, and a wide variety of Self-Service products featured by It’s Me 247 Online Banking, and newly offered Mobile Banking. CU*Answers provides combined services to 165 credit unions nationally representing nearly 1.5 million members and $10 billion in credit union assets. For more information about how “We Make Credit Unions Go” please visit CU*Answers at

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