What’s New?

CUOnline Changes for June 2021

  • Removed Microsoft Silverlight technology, making CUOnline compatible with all internet browsers

Profile Changes for June 2021

  • Reformatted instructions
  • Provided reason for collecting information
  • Added the Payment System Service Provider (PSSP) tab to CUOnline:
    • Added Select the name of the main payment system service provider
    • Added Identify the payment service(s) provided by the main payment system service provider
    • Added Select the name(s) of additional payment system service providers
    • Relocated content from the IT tab:
      • Have you changed or do you plan to change payment system service providers within the next 12 months (reworded)
      • Select the name of the new provider
      • Identify payment service(s) affected by this change
      • Systems used to process electronic payments
      • If the credit union performs ACH transfers, are they domestic, international, or both
      • If the credit union is an Originating Depository Financial Institution, what types of ACH transactions are originated by the credit union
      • If the credit union performs wire transfers, are they domestic, international, or both
      • Which method(s) can a member use to initiate electronic payments
    • Relocated from the General Information tab Select the credit union’s Primary Settlement Agent
  • Categorized Site Functions by public and non-public site (Sites tab)
  • Renamed the Information Systems & Technology tab to “Information Technology” tab and relocated If the credit union has undergone or plans to undergo a Core Data Processing Conversion, please provide the following: Date of Conversion and Core Processor Converting/Converted to from the PSSP page of the form
  • Eliminated the Partnerships tab
  • Updated the Regulatory tab
    • Retired content:
      • Balance sheet audit performed by state licensed persons
      • Examinations of internal controls over call reporting performed by state licensed persons
  • ​​​​​​​​​​​​​​Updated the Credit Union Programs and Member Services tab
    • Added content:
      • Credit Management and Repair and Online Financial Literacy to Financial Literacy Education (formerly Financial Education)
      • Offer Custodial Accounts and Offer Non-Custodial Accounts to new Youth Savings Accounts/Programs
    • Relocated content:
      • No Cost Share Drafts and Share Certificates with low minimum balance requirements (from Depository to Other Member Services and Products)
      • Credit Builder (from Credit to Other Member Services and Products)
      • In-School Branches (from Financial Education to In-School Branches); added the number of branches
    • Retired content:
      • Borrowing Repurchase Agreements and Investments not authorized by the FCU Act from Credit Union Programs
      • All Transactional Services
      • Content remaining in Depository section following relocation of No Cost Share Drafts and Share Certificates with low minimum balance requirements (eliminated Depository section)
      • Insurance/Investment Sales (from Other Member Services and Products)
      • Content remaining in Credit following relocation of Credit Builder (eliminated Credit section)
Last modified on
06/01/21