Four credit unions have announced core processing conversion completions or commitments in recent days.
Despite high-tech tools, the human factor of compliance can't be eliminated entirely.
A $306M credit union files 52 letters. CUSO CU*Answers files 129.
Episys, Sharetec each pick up two, while Fiserv loses three and CU*Answers one.
Encouraging member participation at annual meetings has become increasingly important in recent years with competition growing in the financial services marketplace, but tighter budgets have cooperatives scrambling to find affordable new ways to increase attendance.
The File Expansion Project by CU*Answers expands the CUSO's system by two numerical fields, allowing deposit and loan balances of up to $999,999,999.
CU*Answers expands data fields to handle participation loans and deposits up to $1 billion for its members.
As CUNA searches for a new CEO, industry leaders weigh in on whether the trade needs drastic change or is poised for the future.
Michigan CUSO serving 137 credit unions on FraudNet service.
Filson-founded Co-Ops for Change aims to marshal help from industry executives to check legacy asset tallies by CUSIP numbers.