News

CUSOs are facing enormous regulatory changes that have the potential of significantly altering their service and product offering landscape. Turn to pages 20-23 to read about the issues affecting CUSOs and how the service organizations are dealing and adapting to their changing environment.

WASHINGTON - Callahan & Associates released its 2003 Directory of Credit Union Cooperatives, and the report shows that credit union service organizations owned by groups of credit unions instead of traditional wholly-owned CUSOs owned by single credit unions, are becoming a major source of CU innovation and power. One hundred...

RANCHO CUCAMONGA, Calif. - What does it take for credit unions to increase their indirect lending market share? CEOs and lending executives from auto lending CUSOs joined others from leading credit unions recently at the first national indirect auto lending summit hosted by Credit Union Direct Lending to discuss the...

MADISON, Wis. - With the proliferation of check cashing outlets and payday lenders spurring credit unions to offer similar types of services to non-members at more affordable and less usurious rates, is it any wonder CUSOs are also beginning to get involved with providing check cashing and other services to...

WATERFORD, Ireland - Members of the Irish League of Credit Unions (ILCU) have taken the first step in rebuilding the organization. For the past several years, members have been frustrated with a number of failed initiatives by the ILCU including a costly failure to set up a national computer system...

ATHENS, Ohio - Despite an unexpected setback that's taken about a year to recover from, Ohio University Credit Union CUSO is on its way to providing members of the credit union with 403b retirement plan benefits for the university's employees. The CUSO has already cleared the first required step to...