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
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
42 minutes ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
2 hours ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
3 hours ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
5 hours ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
5 hours ago