Marriages between credit unions and CUSOs could help stave off the mergers that have plagued the industry and show off the cooperative movement's collaborative efforts, industry experts forecasted.
Dennis Dollar, a former NCUA board chairman and president/CEO of Dollar Associates, said the combination of CUSOs and credit unions creates a growing bond that could save the credit union industry through the entities' advocacy efforts.
"Together, the CUSOs and credit unions that have ownership interest in CUSOs make up a fairly potent advocacy force," Dollar said.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
