CU*Answers announces results of annual board election

CU*Answers, a 100% credit union-owned Cooperative, announced today that two credit union CEOs were chosen by their peers to serve a three-year term on the CUSO’s Board of Directors, during elections held at the 2022 Annual Stockholders meeting held on Wednesday, June 16, 2022. Incumbents Linda Bodie, CEO of Element Federal Credit Union in Charleston, […]

“Robert H. Mackay” award goes to Randy Karnes

CU*Answers recognized its former CEO Randy Karnes as recipient of the Robert H. Mackay award at its Annual Leadership Conference held on June 16, 2022, in Grand Rapids, Michigan. Karnes served as the CEO of CU*Answers from 1994 to 2021 and will be retiring at the end of September 2022. When presenting the award, current […]

CU*Answers hosts Annual Leadership Conference

CU*Answers, a 100% credit union-owned CUSO, held their 2022 Annual Leadership Conference and Stockholders Meeting on June 15th at the JW Marriott Hotel in downtown Grand Rapids, Michigan. The event brought together credit union leadership from across the country for a briefing on the organization’s overall direction and major projects for the coming year. This […]

Collection clients increasing at CU*Answers

With a proven track record, the Collections team, a Lender*VP division, increased its client base again recently. “In addition to this growth, we see imminent opportunities for a new client base”, noted AVP Jerry Collins. “We added our first predominantly online and startup credit union to our family. We see this as an opportunity for […]

CU*Answers announces winner of the 2022 Q2 RDC contest

CU*Answers, the 100% credit-union owned cooperative, recently announced the winner of its 2022 RDC contest. Contests are run quarterly for a two-month period as a way of gathering member email addresses or increasing enrollment in credit union services such as e-statements, bill pay, and debit cards. Contest enrollment is free to all CU*Answers credit unions […]

CU*Answers expands member-initiated lending tools through self-serve share secured loans

In 2021, CU*Answers released online CD-secured loans. This feature allows network credit unions to offer new loans to members with a qualified share certificate account. This member-initiated process let’s members pledge funds from an existing share certificate to secure a new loan account 100% online. With the May 2022 release, the feature expanded to savings […]