It's kind of like Y2K, only different.
After more than 40,000 hours of development, a core processing CUSO has put out for live testing a change in its data fields that will allow its mostly small to mid-size credit unions to access loans and deposits up to $1 billion.
Called the File Expansion Project, the collaborative effort by CU*Answers and its credit unions changed the system to allow deposit and loan balances of up to $999,999,999.99 (click to screen shot above to expand) instead of the current $9,999,999.99.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
