NEWPORT BEACH, Calif. — To help launch the National Association of Credit Union Service Organizations' National Center for Collaboration and Innovation, PSCU Financial Services recently contributed $50,000 to get it up and running.
The $50,000 fund will support several projects this year including regional meetings focusing on key industry issues, the development of the CUMatch.com Web site as a clearinghouse for information and knowledge about all CUSOs and as a resource to CUs and CUSOs searching for the right partner, products and services.
"Our motivation at PSCU is truly to get the NACUSO National Center off the ground, and this contribution demonstrates the value we see in the concept and trust we have in the board," said Dave Serlo, president of PSCU Financial Services. "We see this as a solution to help reverse negative trends in the industry."
The center will make its debut at NACUSO's annual conference on April 30-May 3 at the Wynn Las Vegas.
"We are elated by PSCU's contribution to get the National Center off the ground and running," said Tom Davis, NACUSO chairman of the board. "It confirms the validity of NACUSO's new vision to deliver valuable collaborative mechanisms to the industry."
PSCU Financial's funding also allows NACUSO to create educational value for credit unions, through the development and distribution of case studies that will detail how CUSOs are helping credit unions successfully address specific operational challenges, Davis said.
"I get frustrated when I read about all of the credit unions that are no longer with us," Serlo said. "So many things we do industry-wide are fragmented, so I really see the NACUSO National Center for Collaboration and Innovation being a hope for us, whereby some of the fragmentation can be replaced with more unity, or a common goal. It's another way we can all work proactively."
Serlo said key industry players are stepping up to help solve industry problems.
"If there is a way to get more CUSOs and credit unions marching in the same direction very, very soon, then we can turn the industry's life-cycle inflection point in a positive direction, and we won't drift into an answer," Serlo said. "We'll get to the answer we choose."
The funding will also facilitate the center's efforts to establish arrangements with a number of colleges and universities to develop innovative learning modules that will be offered at NACUSO conferences, Davis said.
"I can speak for all NACUSO members in expressing our appreciation to Dave Serlo, for his professional support in helping to turn NACUSO's vision for the future into a reality, and for enabling us to develop the substantive content and processes that will drive the National Center," Davis said. "I can ensure Dave and PSCU that their mustard seed will develop into a mighty oak." –msamaad@cutimes.com
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