News

SHREWSBURY, N.J. - While the number of wholly-owned CUSOs still outnumber multi-owned CUSOs, many credit unions that have wholly-owned CUSOs are also owners in multi-owned ones. As this chart shows, 183 credit unions are owners of both.

KIRKWOOD, Mo. - Heartland Business Services, LLC, a multiple-owned CUSO formed five months ago to provide back-office support for credit unions offering member business loans, and now one of the new CUSO's owners - Electro Savings CU - has made its first loan through the new service organization partnership. The...

NEWPORT BEACH, Calif. - Nearly 400 attendees are expected at NACUSO's 2006 Annual Conference being held May 15-18 at The Wynn Hotel in Las Vegas. The four-day event will focus on the themes of innovation and collaboration and will feature many opportunities for participants to hear from experts in the...

EL PASO, Texas - Congress has designated April as Financial Literacy Month, and the El Paso Affordable Housing CUSO is using the occasion to place extra emphasis on educating consumers on the importance of having sound financial habits and acquiring financial management skills, especially as they relate to home ownership....

ALEXANDRIA, Va.-NCUA stated that credit unions are strong and healthy, but continued success lies in balancing the balance sheets while keeping an eye on net worth. "Federally insured credit unions continued their strong performance in 2005," NCUA's year-end report concluded. "This is reflected by record net worth levels and healthy...

NEWPORT BEACH, Calif. - NACUSO has created a new recognition award - the CUSO Collaboration and Cooperation Award - and the first-time winner will be named on May 16 during this year's annual NACUSO Conference in Las Vegas. The award, said the association, is designed to recognize those CUSOs that...