Press Release
Altana Federal Credit Union Chooses CUBUS Solutions' Products
Suite of online banking products tailored to fit member and operating needs
LIVERMORE, Calif., Jan 3, 2011
CUBUS Solutions, a leader in online banking solutions for credit unions, announced today that the Billings Montana-based Altana Federal Credit Union has chosen the CUBUS Solutions' CUStatements, CULetters and CUAlerts software to deliver next generation online banking services to its membership.
Altana Federal Credit Union has nearly 20,000 members and $198 million dollars in assets. They selected the CUBUS Solutions products, for their features, flexibility and ability to grow as consumer demands for online services evolve.
"We elected to partner with CUBUS Solutions as they demonstrated superior levels of responsiveness, integration, greater flexibility in terms of customization, and the ability to significantly automate back-office workflow." said Rhonda Diefenderfer, President/CEO at Altana FCU. "With a limited physical footprint, the online channel is a key delivery area for us, and CUBUS demonstrated the best overall solution for our needs."
Online banking has taken center stage, recently becoming the preferred method of banking for consumers; according to a 2010 American Bankers Association study. With such a dramatic shift in consumer interest, financial institutions are giving greater consideration to their online strategies.
"Altana FCU was looking for a broader and more integrated product offering for its members, along with greater control and the ability to improve back-office productivity," said John-Ashley Paul, CEO, CUBUS Solutions. "They were also looking for a partner that would work with them to develop specific areas of functionality. The ability to create specific application features was a key component of their decision, and we were able to support them. We're pleased to help them achieve their business objectives."
CUStatements is an electronic statement management system that supports month-end, credit card, mortgage and tax statements in easy to use PDF format. CUStatments lets members view several years of statement history online, increases e-statement efficiency with integrated email bounce managements and saves thousands in paper cost.
CULetters is an electronic letter generator and delivery system that sends members institutional and custom letters by email. Highly adaptable, the system enhances the quality, speed, generation and delivery of communication with members and also reduces paper costs exponentially.
CUAlerts delivers timely and convenient member account status information and empowers members to automatically receive critical alerts when their account crosses specified thresholds.
All three products will be incorporated into the Altana Federal Credit Union's core banking system.
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About CUBUS Solutions
CUBUS Solutions, headquartered in Livermore, CA, is a software company that provides expert cost-saving and green business applications to Credit Unions helping them better serve and retain their members through innovative service offerings, more efficient and cost-effective operations, and creative membership programs. The company has a suite of software solutions specifically for Credit Unions which additionally include Member Notifications, Points Management and Loyalty Checking solutions. CUBUS Solutions, which is privately held, was founded in 2006 by a group of long time industry professionals who previously worked as a team at a well-known Credit Union core system provider. For more information visit www.CUBUSSolutions.com.