Michigan-based core processor buys Montana-based processing, draft, print mail and security services provider.
As the number of mergers permeating the credit union industry continues to rise, some CUSOs might be considering following that same path.
ALEXANDRIA, Va. — NCUA Board Member Rick Metsger: " I don’t see it being wise to say we’re going to hire a bunch of people to go look at everyone’s books."
MnCUN subsidiary's purchase expands footprint into North Dakota and complements a nationwide expansion effort that began several years ago.
From increasing services to mitigating risks, the benefits of partnering with CUSOs and other vendors run the gamut, experts say.
On Sept. 1, MnIPC, a wholly-owned subsidiary of the Minnesota Credit Union Network, completed its purchase of ProDraft Services LLC, a Bismarck, N.D.-based CUSO that provides correspondent and EFT processing solutions.
CO-OP Financial Services foots bill for attendees to 2013 CUNA Community Credit Union & Growth Conference in Uncasville, Conn., next month.
Benefits in partnering with CUSOs and other vendors are real, but so are the dangers if not monitored correctly, experts say.
If Karnes is elected, he will be part of a growing credit union industry presence at the National Cooperative Business Association.
Board Chairman Debbie Matz points to "regulatory blind spots."