News

For the latest on CUSOs, including some interesting stats on multi-owned and wholly-owned CUSOs, turn to pages 23-26.

See pages 20-22 for on-site coverage of National Association of Credit Union Charimen's Roundtable Forum as the volunteers deal with such issues as succession planning, fraud and others.

GRAND RAPIDS, Mich. - Xtend, a Michigan-based CUSO owned by 35 credit unions that are also owners of multi-owned CUSO CU*Answers, has added a new bookkeeping service for CU*Answers clients to the array of managerial, operational, marketing, technical planning and consulting services it offers. By outsourcing routine tasks like daily...

WASHINGTON - Callahan & Associates has published its 2005 Directory of Credit Union Service Organizations, and the data show the CUSO impact is growing in the wide variety of markets credit unions are involved in. The data collected is based on surveys returned to Callahan by credit unions. "Because CUSOs...

LENEXA, Mo. - After four months of discussion, CU Direct, based in Rancho Cucamonga, Calif., and U.S. Central are in what could be the final stages of talks that the CUSO is optimistic will culminate with a signing of an agreement between CU Direct and U.S. Central for the CUSO...

SAVANNAH, Ga. - The layers of governance reform that have largely come from the Sarbanes-Oxley Act of 2002 have already impacted credit unions, but some are still wondering if they're doing enough. Speaking to NACUC attendees at a breakfast session, Michael Daigneault, principal & director of advisory services at DeLeon...