MIDDLEBURY, Vt.–eDoc Innovations said it has acquired the check item processing business of Michigan-based CU*Answers. 

“This strategic move will unite the manufacturer and service provider under one organization, enhancing efficiency and service continuity for the credit union community,” eDOC Innovations said in a statement.

The transaction is expected to close on March 31, 2025.

According to the companies, currently 115 credit unions leverage CU*Answers’ share draft processing, which is powered by eDOC Innovations technology. Additionally, CU*Answers has been processing the forward collection needs of eDOC’s 278 credit union clients using the eDOC CheckLogic Suite since 2007.

Timing is Perfect

“The timing is perfect to bring the manufacturer and service provider together under a single entity,” eDOC CEO Mark Fierro said in a statement. “Our priority is ensuring a seamless transition for the credit union community and the staff involved. Credit unions can expect the same dedicated team and exceptional support from day one.”

Geoff Johnson, CEO of CU*Answers, added in a statement, “This has been a fantastic collaboration over the past 18 years, and I have full confidence in the technology and team.”