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CUAnswers adds mobile banking features, re-elects board members

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GRAND RAPIDS, Mich. (6/24/14)--CU*Answers, a Grand Rapids, Mich.-based credit union service organization, has expanded the features of its mobile Web banking product. 
 
Members can now apply for a loan view rate boards, open sub accounts, view cleared checks, update personal information and check the compatibility of their phones.
 
The added features come at no additional cost to credit unions.
 
"It's another example of increasing features without increasing costs--one of our core guidelines as a cooperative CUSO," said Scott Page, CU*Answers executive vice president.
 
Previous mobile banking features included the ability to check balances, transfer funds, pay bills and view ACH transactions.
 
Any changes made by members require zero rekeying within credit union core systems.
 
CU*Answers also announced that that two credit union CEOs had been confirmed by their peers to serve another three-year term on the CUSO's board of directors. Vickie Schmitzer, president/CEO of Frankenmuth (Mich.) CU, with $306 million in assets; and Dean Wilson, president/CEO of FOCUS CU, with $42 million in assets, Wauwatosa, Wis., both incumbents, were re-elected at the CU*Answers annual stockholders meeting last week.