CU*Answers Converts Ohio Credit Union, Adds Three CUSO Owners
The $194 million MidUSA Credit Union in Middletown, Ohio, has converted to the CU*BASE core processing platform from CU*Answers in Grand Rapids, Mich., the CUSO said.
The 17,900-member MidUSA will be running through a hosted SaaS environment and also will be using the Michigan CUSO’s online banking, e-statements, alerts and notices software as well as mobile Web and text banking and bill pay, and partner eDOC Innovations for document imaging, CU*Answers said.
According to the Technology Survey from Callahan & Associates, the Ohio credit union had been on a Fiserv DataSafe platform and was using Intuit Financial Services for online banking, FIS for bill pay and ESP for e-statements.
CU*Answers also said it has added three more shareholding owners, bringing the total to 110. They are the $56 million Clarkston Brandon Community CU in Clarkston, Mich.; the $6 million Muskegon Consumers Power Employees CU in Muskegon, Mich., and the $48 million Northern Hills FCU in Sturgis, S.D.
Credit union clients can currently become owners for $180,000 and the CUSO has returned more than $3 million in dividends and interest in the past two years, said its executive vice president, Scott Page.
Six new owners have been added since its current fiscal year began in October, the CUSO said.