Two more credit unions have bought shares of CU*Answers, giving it a record 14 new owners in a year and pushing the ownership list to 107 credit unions, also a new record.
The newest owners are the $194 million MidUSA CU in Middletown, Ohio, and the $13 million Rockford Community FCU in Rockford, Mich., CU*Answers said.
"As a cooperative CUSO, it is a documented goal to provide every credit union utilizing the CU*BASE® processing system with an affordable option to become a CU*Answers owner," said Scott Page, executive vice president of the Grand Rapids, Mich.-based organization.
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