LAS VEGAS — NCUA Vice Chairman Rodney Hood reiterated one of his missions of keeping the balance between safety and soundness while allowing credit unions and CUSOs to serve members without "arduous, burdensome" regulations.

During a keynote session during NACUSO's annual conference this week, Hood praised CUSOs for the strides they have made.

"Many credit unions don't have the infrastructure to meet some of the needs of their members and this is where partnerships with CUSOs demonstrate the power of collaboration."

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