HOUSTON – The board of Credit Union Acceptance Company LLC, a multiple-owned indirect lending CUSO, voted to open ownership opportunities to credit unions the CUSO's clients. CUAC is currently owned by nine Texas credit unions. and in addition provides services to more than 54 other CUs in six states – Alabama, Mississippi, Louisiana, Texas, Ohio, South Carolina. Starting this month, CUAC President/CEO Adrian Dominguez said CUAC will make available B class ownership prospectus packets that will define the investment, benefits and role of new owner CUs. The CUSO's CU clients have the opportunity to invest $50,000 for one share or $100,000 for two shares. The investment opportunity will continue, he said, until it's reached $2 million in investments. Dominguez said the investment opportunity in the CUSO "will allow us to bring our clients closer to us, let them grow with the organization as we grow, and give them the opportunity to earn dividends back on their investment in the organization."

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