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Wakota Federal Credit Union Signs with CU*Answers

GRAND RAPIDS, MI (May 9, 2013) CU*Answers, the West Michigan-based CUSO, announced the recent signing of Wakota Federal Credit Union, located in South St. Paul, Minnesota to a new CU*BASE® online processing agreement. Wakota Federal Credit Union is a $20 million dollar credit union serving over 3,600 members.

Asked why Wakota Federal Credit Union chose CU*Answers, Mary Matheson, CEO, of Wakota FCU stated, “After a nine month search Wakota selected CU*Answers based on the company’s organizational structure of being a true forward thinking CUSO, and the positive references from existing CU*Answers credit unions. The collaborative services and pricing ultimately won us over.” Ms. Matheson goes on to say, “The ease and design of the CU*BASE analytics programs surpassed that of any of its competitors. We are very excited to partner with CU*Answers.”

Wakota Federal Credit Union is set for an August 2013 conversion joining three others in the state including, Building Trades CU, Lake State CU, and another recent partner, Toro Employees FCU. CU*Answers added that the number of credit unions nationally utilizing CU*BASE surpassed 200 during 2012, encompassing clients in over 25 states.

About CU*Answers, Inc.
CU*Answers offers expertise in implementing technical solutions to operational needs, and is a leader in helping credit unions form strategic alliances and partnerships. CU*Answers provides a wide variety of services for credit unions including its flagship CU*BASE® processing system (online and in-house) and Internet development services featuring It’s Me 247 online and mobile banking. Additional services include web development, network design and security, and image check processing. Founded 40+ years ago, CU*Answers is a 100% credit union-owned CUSO providing services to credit unions representing nearly 1.5 million members and $12.6 billion in credit union assets. For more information, visit www.cuanswers.com.