GRAND RAPIDS, Mich. (11/10/15)--CU*Answers, a Grand Rapids, Mich.-based credit union service organization, announced that its core data processing system CU*BASE has been adopted by 260 credit unions in 36 states, with a combined 2.2 million members processed daily.
This includes a record 20 new CU*BASE conversions completed during the 2015 fiscal year, adding 176,000 members.
“We’ve seen incredible growth over the last decade,” said Scott Page, CU*Answers executive vice president. “In 2010, CU*BASE represented 104 credit unions and 804,000 members. We’ve nearly tripled those processing numbers since then, and show no signs of slowing.”
In addition to its core CU*BASE growth, CU*Answers now has 127 credit union owners nationally, including 48 new credit union owners since 2011. For 2014, CU*Answers announced it returned a combined $2.9 million in patronage dividends and interest back to its credit union owners.