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CU*Answers Extends Contract with CFO Bob Frizzle

GRAND RAPIDS, MI – June 20, 2017

CU*Answers, a 100% credit union-owned cooperative CUSO, announced that it has extended its employment contract with current CFO, Bob Frizzle, to 2023. Mr. Frizzle, who joined CU*Answers in 1997, has been instrumental in launching major initiatives such as the network of CUSOs, as well as the purchase of majority ownership in eDOC Innovations. Under his guidance, CU*Answers was able to launch innovative programs including the Spirit of CU*Answers scholarship, a de novo program providing free data processing for credit union start-ups, and the Investment Grant initiative.

“Bob’s leadership has been critical to the success of the CUSO these last 20 years,” said CEO Randy Karnes. “I look forward to him continuing to be a strong force on the Executive Council leading up to and beyond CU*Answers’ 50 year anniversary in 2020.” 

Mr. Frizzle provides accounting and CFO services to numerous national organizations and CUSOs including Xtend, eDOC Innovations, NACUSO, CU Student Choice, and Chatter Yak. He is an active board member for eDOC Innovations.

About CU*Answers, Inc.

CU*Answers offers expertise in implementing technical solutions to operational needs, and is a leader in helping credit unions form strategic alliances and partnerships. CU*Answers provides a wide variety of services for credit unions including its flagship CU*BASE® processing system (online and in-house) and Internet development services featuring It’s Me 247 online and mobile banking. Additional services include web development, network design and security, and image check processing. Founded 40+ years ago, CU*Answers is a 100% credit union-owned cooperative CUSO providing services to credit unions representing over 1.9 million members and $19 billion in credit union assets. For more information, visit