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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.


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