Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CUAnswers to offer cost reductions for CU clients
GRAND RAPIDS, Mich. (1/8/09)--CU*Answers is offering cost reductions that could save its credit union clients $300,000 annually. Credit unions using CU*Base in 2009 are eligible for the cuts. “Dividend checks are nice, but price cuts and delivering increasing value everyday is more in line with how I see the credit union model,” said CU*Answers CEO Randy Karnes. CU*Answers experienced several successes last year that allowed the company to offer the reductions. During 2008, CU*Answers provided $1.14 million in combined dividends back to its credit union owners, generated $29 million in sales and increased its stock value by 33%. CU*Answers is a credit union service organization in Grand Rapids, Mich.


RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
1 Day ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
1 Day ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
1 Day ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
1 Day ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
1 Day ago