CUSOs are the secret weapon of the credit union industry. That was a phrase that we used with our board of directors when we last updated them on the eight CUSOs that we own.
Citing changes in some long established economic patterns and the strengths of credit union cooperation, TMG Financial Services launched a finance CUSO that will help other CUSOs fund their operations, particularly their lending.
The $1.5 billion Baxter Credit Union has signed on with CUSO Financial Services LP for broker-dealer services.
Gesa Financial Credit Union has officially launched its new investment arm, Gesa Financial Solutions.