Press Release
Parkside Federal Credit Union Chooses CUBUS Solutions' Products
CUStatements Assists in the "Greening" of Credit Unions
LIVERMORE, Calif., Jan 27, 2011
CUBUS Solutions, a leader in online banking solutions for credit unions, announced today that the Montana-based, Parkside Federal Credit Union has signed a multi-year contract to license the CUBUS Solutions' CUStatements software, an electronic statement management system that supports month-end, credit card, mortgage and tax statements in easy to use PDF format. CUStatements can easily save credit unions thousands of dollars per month in paper costs by delivering statements in an electronic format.
Parkside Federal Credit Union has over 11,000 members and over $115 million dollars in assets. They selected the CUBUS Solutions products as it continues to expand its online channel as a crucial area of ongoing growth, delivering expanded services to its membership.
"Our online channel is as a key aspect of our overall delivery strategy. Offering tools to our members to help them better manage their financial lives is a great way to expand the depth of our relationship with them," said Jeremy Presta, President and CEO, Parkside Federal Credit Union. "Additionally, we are constantly looking for ways to reduce paper and increase business efficiency in our operations and CUStatements fit that bill perfectly."
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.
"Our CUStatements is not only a member convenience but it also allows credit unions to significantly reduce back-office load automating many of the processes and massively decrease a credit union's carbon footprint by eliminating paper waste," said John-Ashley Paul, CEO, CUBUS Solutions. "We're proud of our green products and avidly support the reduction of paper in the banking industry."
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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.