CU*Answers said last week that it has added a new owner,completed converting another credit union to its core processingsystem and is releasing an upgrade of the platform.

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The Grand Rapids, Mich.-based CUSO said its 121stowner is the $142 million KALSEE Credit Union in Kalamazoo, Mich.The CUSO said it added 14 new owners in the fiscal year that endedon Sept. 30, the second most in one year in its 40-year history,and that three new owners have now invested so far in fiscal2014.

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The newly converted user of the CU*Base core processing systemis the $185 million Lake State Credit Union in Moose Lake, Minn.,which announced its plans to convert from the Fiserv CUSA platformlate last year.

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The CUSO said it continues to work to provide three upgrades ayear and that Version 13.3 of its CU*BASE core data processingsystem will be released Dec. 8 and provided free to the 225 creditunions that run on it.

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Enhancements include automation of loading imaged member IDs forstaff; simplified ID windows; greater credit union securitycontrols; new integration with third-party vendors; greater 1098reporting options and updated delinquent loan interestcalculations, CU*Answers said.

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CU*Answers network partner CU*South now has 29 credit unionclients and CU*NorthWest has 25, while another 171 credit unions run theCU*BASE platform through CU*Answers itself, the Michigan CUSOsaid.

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