LAS VEGAS -- Jumping off a mountain cliff into a stream rather than fighting off a band of unknowns,
NACUSO has awarded Ongoing Operations LLC its 2010 CUSO Collaboration and Innovation award.
LAS VEGAS -- Robert Redford's character deciding to fight off a band of unknowns rather than jump off a mountain cliff into a stream may provide credit unions with an example of how embracing the unknown can be a good thing.
LAS VEGAS -- On the minds of many of the attendees and speakers at NACUSO's annual conference this week will likely be credit unions and their pressing challenge to remain sustainable.
Prior to the early 1990s, the CUSO concept may have looked like this: a CEO of a small credit union picks up the phone to ask the CEO of a nearby, much larger peer for help with say, training.
More than 30 credit union and CUSO representatives recently showed up for NACUSO's first regional meeting near Washington to talk shop about collaboration strategies to help fuel growth and sustainability.
With investment and partnerships in nearly a handful of CUSOs, UMassFive College Federal Credit Union can safely say it knows the power behind collaboration.