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CU*Answers welcomes its newest owner

GRAND RAPIDS, MI (December 16, 2013) —  CU*Answers, the Grand Rapids, Michigan-based cooperative CUSO, announced that it had recently added another new credit union owner. This newest owner is Chiropractic Federal Credit Union located in Farmington, MI ($25M assets and 2,700 members).

CU*Answers re-iterated its CUSO ownership model is provided as an option to credit unions utilizing its CU*BASE^®processing system. CU*Answers stated for its recently completed 2013 fiscal, it was projected to provide a Return on Investment comprised of dividends and interest paid exceeding $1.75 million to its existing Owners.

About CU*Answers, Inc.

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 40+ years ago, CU*Answers is a 100% credit union-owned cooperative CUSO providing services to credit unions representing nearly 1.5 million members and $12.6 billion in credit union assets. For more information, visit www.cuanswers.com.

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