Recommendations from Lender*VP – Document Retention for Denied Applications

Recommendations from Lender*VP – Document Retention for Denied Applications

What is your credit union’s current retention plan for documents relating to denied applications?  Lender*VP has recommendations for your credit union, as detailed below. Lender*VP recommends that any/all relevant documentation and information that is used to deny loan applications should be saved by your credit union for a period of at least 25 months.  Relevant… Read more »

Apr 11, 2025

Get Ready for an Online Banking EULA System Update

Get Ready for an Online Banking EULA System Update

On Tuesday, April 22, 2025, we will be implementing an updated online banking end-user license agreement (EULA) system, requiring ALL members to re-accept the agreement in order to log into online banking. What’s Changing? Please note: the content of the EULA will NOT be changing with this update. This system update will allow us to… Read more »

Apr 11, 2025

Preparing for the New Western Production Environment

Preparing for the New Western Production Environment

The following information applies only to credit unions who received the associated email. CU*Answers is in the early stages of preparing for a new iSeries production environment which will support clients in Mountain, Pacific and Hawaii time zones. We are currently engaging with vendors to discuss the certification process. As such, we wanted to inform… Read more »

Apr 9, 2025