NEWPORT BEACH, Calif. — PSCU Financial Services has contributed another $50,000 for a total of $100,000 to NACUSO's National Center for Collaboration and Innovation, created in May 2007 to serve as a clearinghouse for collaborative and innovative efforts within the industry.

PSCU Financial's initial $50,000 contribution last year provided the start-up seed capital, NACUSO said. The association was able to develop its NACUSOMatch Directory, a collaborative Web-based networking tool that allows members to communicate service offerings and investment opportunities for credit unions seeking strategic partnerships. In November, NACUSO launched NACUSOMatch Forum, which allows members to give and receive feedback on a number of topics ranging from financial services to technology.

Dave Serlo, president of PSCU Financial, said the latest contribution will help with continued support of the collaborative model in 2008.

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"Our motivation at PSCU is to continue supporting the value we see in NACUSO-generated solutions, designed to foster the collaboration and innovation needed to reverse down-trends in the industry as quickly as possible," Serlo said.

NACUSO President/CEO Tom Davis thanked PSCU Financial saying "We feel strongly that PSCU's support will ensure timely solutions, through NACUSO, to help credit unions grow and survive in 2008 and the years ahead."

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