Northwest CUs Form Data ProcessingCUSO

Published January 24, 2006, 1:00 a.m. EST

|

Updated August 27, 2020, 2:19 a.m. EDT

1 Min Read

SPOKANE, Wash. - (01/24/06) -- Four small credit unions havechartered a CUSO to handle their data processing and other businessneeds. The CUSO, CU-Northwest is currently talking to other areacredit unions about handling services for them. Owners of the newCUSO are: Spokane Firefighters CU, Spokane Media FCU, SpokaneCatholic CU and Inland Empire Trades CU, a well as Kentwood,Mich.-based CU-Answers. The new CUSO bought the assets of FranklinAssociates Solutions LLC, a software provider for CU-Answers, toform the new organization. CU-Answers, formerly known as WestMichigan Computer Co-Op, serves 165 credit unions.

Processing Content

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

MORE FROM AMERICAN BANKER

Failures

Embattled California bank is latest to fail

The $736 million Orange County bank had faced a smattering of enforcement actions over the years, including for concentration risks, governance issues and questionable insider transactions.

By Ebrima Santos Sanneh
Reporter

6h ago
ESG

What climate finance means for portfolios

As the U.N. renews its call for $1.3 trillion a year in climate finance, four leaders in climate finance say the biggest question for advisors is where that money goes.

By Grace L. Williams
Reporter

9h ago
Insurance

State regulators push back on Sen. Warren's insurance probe

The National Association of Insurance Commissioners responded to a query from Sen. Elizabeth Warren about risks to policyholders stemming from private-equity ownership of life insurers.

By Kate Berry
Reporter

9h ago
Prediction Markets

New York sues Polymarket, alleging 'illegal gambling'

The platform had a lawsuit filed against it by New York officials this week as the latest in a series of cases against prediction markets on the state level.

By Melinda Lucy
Tech Reporter

9h ago
BMO Financial Group

Why BMO has regained confidence in its US strategy

The Canadian bank's U.S. operations experienced challenges following a large acquisition on the West Coast. But the bank is now making good progress, according to a top BMO executive.

By Allissa Kline
Reporter

10h ago
Wealth management

RIAs working with Schwab get higher-yielding option for clients' cash

As AI threatens firms' lucrative business managing uninvested cash, Schwab gives its RIA partners a new way to keep clients' cash holdings sticky.

By Dan Shaw
Reporter

10h ago

Load More