Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CUAnswers deploys text banking more
GRAND RAPIDS, Mich. (12/13/11)--CU*Answers, a Grand Rapids, Mich.-based credit union service organization, has released mobile text bank banking and other updates for credit unions using its CU*Base processing system.

CU*Answers clients can now select from two mobile products: mobile web Banking, which is an automatic redirect from CU*Answer's It's Me 247 Online Banking system and provided free of charge to every CU*BASE client, and its mobile text banking offering. 

With the text banking product, members may text-message requests and receive text-message replies on available balances on accounts at any time.                                                                                             

Members may select to have e-alerts--such as for available funds dropping below a desired level--sent to their mobile device as a text message. 

The text-banking tool will be provided free until March 1. At that time, credit unions will be charged 3.25 cents for each out-going text message. Incoming texts, such as an incoming member balance request, will be free.

CU*Answers also updated the appearance of the It's Me 247 Mobile Web Banking product. The new interface is in preparation for CU*Answers' upcoming offer of bill pay for Mobile Web, the company said.

Also, the company's latest upgrade to its CU*BASE processing system means credit unions can view Outstanding Loan Recap, including a new, graphical Loan Concentration Analysis Dashboard tool. 

The tool provides a single-view of all lending relationships with any member. Data provided include details such as loan balances contingent liability, credit score, collateral information and service income.


RSS print
News Now LiveWire
Why is a #creditunion a good fit for you? http://t.co/i4pGT98mkT via @MONEY
1 hours ago
The numbers are in: Home Depot data breach impact on #creditunions = $57.4 million, 7.2 million credit/debit cards http://t.co/jorYSOYuxj
2 hours ago
.@Nussle : We'll back off when retailers accept their breach responsibility #NewsNow http://t.co/7WxDXicb6j
4 hours ago
RT @asmarterchoice: RT @daily_finance: Top 5 money management tips for 30-somethings http://t.co/mWRfDRSTE7
4 hours ago
Operational efficiencies focus of new @CUNA program #NewsNow http://t.co/qBYHKVYeQN
5 hours ago