The statement cycle changes to the end of the month. This is so the credit card statement/payment coupon can be sent in the same envelope as your member's normal transaction statement. The due dates for the credit card payment will be on the 25th of the month.
The member has access to the credit card loan information just like their other loan accounts through Audio Response and Online Banking. You can even allow for payment transfers and cash advances available to your members at any time.
ACH, Payroll, and Auto Funds Transfers can also be used within CU*BASE to make payments as well as through CU*BASE / Xtend Shared Branching! These payments are immediate.
If a member is in need of immediate disbursement limit increase due to an emergency or other reason, you simply update the limit on CU*BASE and it is available immediately.
Best of all, your member thinks of the credit union when they think about their credit card relationship - not the credit card processor.
One last benefit - the combined statement reduces your postage expenses!