With much more at stake, it is no surprise that credit union service organizations are sounding the alarm louder than credit unions regarding an NCUA proposal that would alter how CUSO relationships are regulated.
Several new concerns have been raised about the NCUA’s proposal to regulate CUSOs, including whether the regulator took the time to think through its plan.
As Jack Antonini approaches the one-year mark since taking the helm at the National Association of Credit Union Services Organizations, the former bank CEO marveled at the number of collaborations CUSOs frequently engage in.
Trade association sends NCUA letter seeking clarification on several points.
Michael Gudely said he is aware that his position on a new proposal that that would essentially change how credit union service organizations are monitored may go against the grain
When the NCUA issues its proposed regulation of credit union service organizations on July 21, it will be an attempt by the agency to keep a closer eye on organizations whose role has grown and therefore expose credit unions to greater risk.
Having just returned from NACUSO’s 2011 Annual Conference in Las Vegas, I thought it would be appropriate to share some perspective on current issues and trends that will impact your credit union and its ability to survive and thrive.
LAS VEGAS — If three of the industry-notable CUSOs could go back in time and apply what they know now to what was happening during the pitch-and-launch phase, the lessons would be aplenty.
LAS VEGAS — Hiring the right people is just one of the lessons some executives said they have learned from after launching their CUSOs.
LAS VEGAS — CUSOs that offer mobile banking and student lending services are expected to be among the most sought after by credit unions.