NACUSO conference sign of the times

LAS VEGAS - If the attendance for NACUSO's annual conference is any indication, credit unions are concentrating more on CUSOs. Acknowledging a new era for credit unions and CUSOs, NACUSO President Bob Dorsa this morning convened the trade association's largest meeting-consisting of some 400 attendees from around the country. "This meeting signifies the fact that CUSOs present growth opportunities for credit unions to offer to their members the services they demand and expect. NACUSO is here to help them and guide them to the business processes that will make them successful and profitable," said Dorsa. The networking surrounding the social events at the NACUSO conference is a sidelight to the opportunities being sought by attendees. Jeff Conrad, president of CU Services Inc., the CUSO of Pelican State CU in Baton Rouge, La., said "we came here to network with folks running CUSOs that are successful and have learned the lessons we haven't learned yet. We want to know what their main revenue streams are so that we can refine our own operation. That's our mission." Conrad's feelings are typical as NACUSO has drawn attendees from some of the largest CUs with CUSOs as well as some of the smaller ones.

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