Press Release
Billings Federal Credit Union Chooses CUBUS Solutions' Products
Systems support paperless communication and member convenience
LIVERMORE, Calif., December 10, 2010
CUBUS Solutions, a leader in online banking solutions for credit unions, announced today that the Montana-based Billings Federal Credit Union has chosen the CUBUS Solutions' CUStatements, CULetters, CUAlerts and CUSkip-a-Pay software to deliver next generation online banking services to its membership.
Billings Federal Credit Union has over 8,500 members and $87 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.
"Our number one priority is to serve. We are looking for nothing less than a positive impact on our members with any new service we offer whether it is online or offline," said Tom Boos, CEO at Billings FCU. "Implementing the CUBUS' solutions into our core online banking system will enable us to immediately improve operational efficiencies and provide more online banking features directly for the benefit of our members."
"We are proud of the success we've accomplished in Montana and believe the selection by Billings Federal Credit Union further speaks to our commitment to not only meet, but exceed the business needs of this market," said John-Ashley Paul, CEO, CUBUS Solutions. "We have a great partnership with CUsource, a Credit Union Service Organization offering quality products and services to credit unions and other cooperative organizations. They have been spreading the word throughout the state about the successes being achieved by Montana credit unions using our products."
"The Montana credit unions that are using the CUBUS solutions are seeing immediate value ranging from greater efficiencies and better communication to increased member convenience and satisfaction," Shirley Bailey, CUsource President and CEO. "The partnership we have with CUBUS has been mutually beneficial to all."
CUStatements 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.
CUSkip-A-Pay provides automation for credit union members and staff to make an online request to skip a payment on certain types of loans. It completely automates the process of qualification and approval, advancing the due date, scheduling payments and charging fees.
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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.
About CUsource
CUsource is a cooperative originally designed to help credit unions address their every need, every day. Today the product portfolio includes: data processing, draft services, network security and services, print and mail services and real estate loan services.
CUsource, a wholly owned credit union service organization, provides data processing with a major core processing system, for more than 22 credit unions in Montana and Washington, representing 175,000 members in over 55 locations.
Media contacts
Ginny Cain
Cain Communications for CUBUS Solutions
Direct: 925.426.0646
Mobile: 510.918.0331
Email: ginny@ginnycain.com
Tracy Houck
CUsource Business Development and Marketing manager
Phone: 1.800.823.2876 ext. 1017
Mobile: 1.406.868.9873
Email: tracyh@cusource.com