GRAND RAPIDS, MI (May 5, 2014) -- Toro Employees Federal Credit Union ($27 million total assets) was successfully converted to the CU*BASE core data processing platform by CU*Answers. The 100% credit union-owned CUSO indicated the 3,600-member credit union was brought onto the system as of May 1, 2014.
When asked why Toro Employees Federal Credit Union chose CU*Answers, Grant Johnson, CEO stated, “We selected CU*Answers because of their unique business model, strong history of helping credit unions meet their members’ needs for deposits, lending and self-service technology. In addition CU*Answers offers value-added services for back office, analytics and direct marketing.”
Toro Employees Federal Credit Union is the fifth credit union in Minnesota to convert to the CU*Answers system. Currently Building Trades Federal Credit Union, Wakota Federal Credit Union, Lake State Credit Union, and Catholic United Financial Credit Union already process on the CU*Answers CU*BASE system.
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