Simply put, Metro 2 is a new standard electronic data reporting format that is used to report credit data to all of the credit reporting agencies (TransUnion, Equifax, Experian, and CBC/Innovis). Designed to foster the reporting of complete and accurate data to the credit bureaus, the Metro 2 Format also addresses FCRA (Fair Credit Reporting Act) compliance issues.  Using a consistent reporting format for all bureaus will make it much more efficient to report data, especially for credit unions newly converting to CU*BASE. 

In addition, data sent in this format will be transmitted via secured, encrypted file transmission.  No more data tapes, which means better security for this critical member data.