New CUSO Has The CU*Answers

Register now

COLUMBUS, Ohio - (06/26/06) – Corporate One FCU is expectedto announced Monday it is teaming with CU*Answers to form a CUSOthat will provide depository services using Corporate One’sCheck 21 solution for credit unions. The CUSO will provideCU*Answers’ 107 credit union customers with access toCorporate One’s electronic check exchange services, providinggreater negotiating power with the imaging networks to help lowercosts. The main goal is to vest credit unions in the Check 21business, instead of leaving them at the mercy of thebank-controlled image exchange networks. Corporate One is one ofthe nation’s biggest corporates and manages $4.1 billion inassets for 800 credit unions in Ohio, Kentucky and West Virginia.CU*Answers is best known for its CU@Home Internet banking programand serves credit unions ion 13 states.

For reprint and licensing requests for this article, click here.