The $183 million Lake State Federal Credit Union in Moose Lake,Minn., will be converting to an online version of the CU*BASE coreprocessing system, the credit union and CU*Answers said.

The 16,600-member credit union has also decided to become anowner of the core data processing CUSO, the Grand Rapids,Mich.-based CU*Answers said.

“Lake State Federal Credit Union was looking for anenterprise-wide core data processing platform that offeredstability, an ongoing product evolution, and strong integration,”said the credit union's president/CEO, Timothy J. Smith.

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