CUSOs

• Some Small Businesses Resist Switching Channels

  By Michelle A. Samaad  |  May 29, 2013

  In less than two years, mobile payments are set to be accepted by 53% of merchants and the transaction channel is poised to start replacing cash and credit cards.

• Onsite Coverage: PSCU CEO Worries About Checks

  By Michelle Samaad  |  April 19, 2013

  Young people don’t want checkbooks, and it’s a reality that some credit unions may be ignoring.

• CUSO Reg Comment Letters Are Before the NCUA

  By Michelle A. Samaad  |  October 3, 2011

  Now that the Sept. 26 comment deadline has passed, the NCUA will likely read through the more than 140 letters it has received on its proposal to amend the CUSO rule.

• 

  NCUA Chair Calls for Regulatory Expansion and Streamlining

  By Claude R. Marx  |  September 25, 2011

  WASHINGTON — Saying that her goal is to “target risky behaviors in credit unions, not credit unions themselves,” NCUA Chairman Debbie Matz on Sept. 19 announced that the agency will beef up certain safety and soundness regulations but ease up on others.

• NAFCU Opposes NCUA CUSO Proposal

  By Michelle A. Samaad  |  September 23, 2011

  Voicing opposition to the NCUA’s proposal to amend the CUSO rule, NAFCU is the latest urging the regulator to reconsider.

• CUSO Changes: Mum's the Word at CUs

  By Michelle A. Samaad  |  August 24, 2011

  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.

• NACUSO’s Legislative, Regulatory Agenda Touches Timely Issues

  By Michelle A. Samaad  |  March 21, 2011

  An expansion of product and services by CUSOs and the removal of the 12.25% member business lending cap are just two of the issues the National Association of Credit Union Service Organizations will focus on this year.

• Six CUs Form SBA Alliances With CUSOs

  By Michelle A. Samaad  |  January 28, 2011

  SWBC and Member Business Lending LLC said that six new credit unions have signed on to offer their members the SBA's lending programs.

• NACUSO: Corporate Rule May Backfire

  By Michelle A. Samaad  |  December 22, 2010

  If a provision requiring CUSOs that use a corporate credit union's services to pay a voluntary payment to the Temporary Corporate Credit Union Stabilization Fund goes through,

• CUSOs Seek Operational Calm

  By Michelle A. Samaad  |  October 6, 2010

  As the birth of a new corporate credit union model emerges, the CUSOs owned by the three corporates that were recently placed