The federal agency has required CUSOs to agree to provide information directly effective June 30, 2014, and registration for the CUSO Registry was held between Feb. 1, and March 31, 2016.
CU Direct joins a growing list of CUSOs that have taken an ownership stake in MDC.
Partnering with a CUSO makes sound business sense, but each party has a responsibility to do its part.
Credit unions must provide information on CUSOs they make loans to or invest in under the NCUA’s enhanced CUSO rule.
Get a glimpse at key credit union stats for 2015 based on Callahan & Associates' research.
Pricing and potential setbacks are a few things to consider before outsourcing tasks to a third party.
Collaboration is the best strategy for creating efficiency, enhancing the member experience and competing in the marketplace.
HRBs could bring in a 15% return per account, but the need for increased security could pose challenges.
The OCC appears to be more supportive of collaboration than the NCUA, NACUSO CEO argues.
CUSO leaders say vendor authority would lead to increased costs and more bureaucracy.