CU*Answers shares alert figures for second half of the 2022 calendar year

CU*Answers, the 100% credit union-owned, data processing CUSO, recently determined the six-month statistics for alert items posted between July 1st and December 31st of 2022. In total, CU*Answers posted 131 alert items 50 of these were posted in Q3 and another 81 were posted in Q4.

Breaking these figures down month-by-month, July saw 22 alerts posted, August saw 10 alerts, September saw 18 alerts, October saw 27 alerts, November saw 26 alerts and December closed out the year with 28 alerts. This brought the average send rate for the second half of the year to 21.83 alerts per month (with quarterly averages sitting at 16.7 alerts per month in Q3 and 27 alerts per month in Q4). These alert totals only account for alerts being posted by CU*Answers and do not account for any alerts posted by CU*South, CU*NorthWest, Xtend Fraud Alerts or Xtend Service Alerts.

For both Q3 and Q4, Unexpected Issues represented the largest portion of alerts posted, followed by instances of Scheduled Maintenance. Additional categories included General Info announcements, GOLD Updates, Connectivity Interruptions, Rollover Updates, File Delays and alerts informing clients of Staff Meetings held by CU*Answers teams/departments.

Alerts figures for the second half of 2022 saw a minor overall decrease from the number of alerts sent out during the same time frame in 2021 (a difference of 1 alert year-over-year for the same period). The total number of alerts posted in Q3 of 2022 was 50, down from 61 alerts posted in Q3 2021. Q4 2022 saw 81 alerts posted, up from 71 alerts posted in Q4 2021.

The total number of alerts sent out during the full 2022 calendar year was 266, a slight increase over the 259 alerts sent between January and December of 2021. Because this uptick in alert activity was minimal, 2022 remains largely consistent with the previous year and consistent with the general decrease in alert volume in recent years (down from the 281 alerts posted in 2020 and the 324 alerts posted in 2019).

CU*Answers welcomes Fox Federal Credit Union

The CU*Answers Conversions team converted over 3,500 members for Fox Federal Credit Union to the data processor’s CU*BASE® platform this month. The credit union is the first bi-coastal credit union to join the network with locations in New York and California.  With its main office located in Los Angeles, CA, it brings assets totaling over […]

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Jun 12, 2024

CU*Answers welcomes Five Star of Maryland Federal Credit Union

The combined conversions teams at CU*Answers and CUaxis converted 5,056 members for Five Star of Maryland Federal Credit Union to the data processor’s CU*BASE® platform in May. Five Star Of Maryland FCU located in Baltimore, MD, converted from the Apex platform. The $57M credit union is the second Maryland credit union to join the CU*Answers […]

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Jun 12, 2024

CU*Answers welcomes Generations United FCU

The CU*Answers Conversions team helped launch Generations United FCU on April 8, 2024. This new start up credit union represents the 9th New York credit union to join the CU*Answers family. The credit union, sponsored by the United Church of Christ, will primarily serve employees and members of the church. The organization has 4,700 churches […]

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Jun 12, 2024

CU*Answers welcomes three members of the Southern California Credit Union Alliance

The CU*Answers Conversions team converted over 14,000 members for Mattel FCU, Nikkei CU, and CalCom FCU to the data processor’s CU*BASE® platform the first quarter of this year. The three credit unions, led by CEO, Jon Hernandez, are located in southern California and converted from Share One. The credit unions, with combined assets totaling over […]

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Jun 12, 2024

CU*Answers welcomes two new MemberPass biometric authentication pilot participants

CU*Answers is excited to announce that two additional credit unions will join the MemberPass biometric member authentication pilot: Partnership Financial Credit Union (Morton Grove, IL) and Madison County Federal Credit Union (Anderson, IN). Recently, CU*Answers announced the first of its pilot members, encurage Financial Credit Union Network, whose deployment was initiated in March 2024. In […]

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Apr 15, 2024

Don’t Forget! There’s Still Time to Join the 24.05 CU*BASE Release Beta Pool!

Don’t Forget! There’s Still Time to Join the 24.05 CU*BASE Release Beta Pool!

Earn a $3,000 CollabRebate for testing new CU*BASE tools and features coming with the 24.05 release! Learn more about enhancements coming in the May release, eligibility requirements for joining the beta pool, and what you will need to do to receive the CollabRebate reward. If you’re interested in joining the Beta Pool, there’s still time… Read more »

Feb 20, 2024

Let’s Build It Together! Now Accepting Applications for the 24.05 CU*BASE Release Beta Pool

Let’s Build It Together!  Now Accepting Applications for the 24.05 CU*BASE Release Beta Pool

Earn a $3,000 CollabRebate for testing new CU*BASE tools and features coming with the 24.05 release! Learn more about enhancements coming in the May release, eligibility requirements for joining the beta pool, and what you will need to do to receive the CollabRebate reward. Interested in joining the Beta Pool?  Use the link below to… Read more »

Feb 13, 2024