GRAND RAPIDS, Mich. (7/22/11)--During its Annual Leadership Conference, CU*Answers, a credit union service organization based in Grand Rapids, Mich., presented attendees with a statistical review of its operating year. Among the highlights:
* The company welcomed 16 new clients from nine different states as users of its CU*BASE cored data processing system. * More than 1.4 million members will be processed by 189 CU*BASE credit unions at the Sept. 30 close of the 2011 business year. * More than 11 new owners have joined CU*Answers in the past year, the biggest gain in that time period since 1999-2000, that brings total shareholders to 94 credit unions nationwide. While ownership is not a requirement, more than 60% of its clients are stakeholders. * CU*Northwest, CU*Answers’ cuasterisk.com network partner and regional provider of CU*BASE, also has 12 credit union owners.