News

WASHINGTON - The recently-proposed retirement accounts by Pres. Bush aim to eliminate the bowl of "confusing alphabet soup" and the "endless maze of confusing rules," the U.S. Treasury touted shortly after the president's proposals were made in January. At issue are the creation of several new accounts that do away...

Leaders of CU24 and Concord say CUs will have all the information they need to vote on the merger. Page 8.

Despite the pummeling Wall St. took in 2002, financial services CUSOs finished the year strong and ahead of 2001 in key areas. Read about what they did and other CUSO news in a special report on pages 18-20.

GREENWOOD VILLAGE, Colo - Ask a member who uses a CUSO service the name of the CUSO, and the likelihood is they won't be able to tell you or even know the product isn't coming to them direct from their credit union. Should they be able to? NACUSO Director Tom...

SAN DIEGO - Weighing the trade-offs between continuing to offer investment services through their CUSO or roll the product back in to the credit union pending the SEC decision, an increasing number of credit unions are opting for the latter choice, says a leading broker/dealer expert for CUSOs. Valorie Seyfert,...

HOUSTON - Shell Employees FCU has formed a CUSO to provide members with financial planning services. The credit union's new wholly-owned subsidiary, Signal Hill Financial Resources will offer tax preparation services and insurance products to the CU's 27,000 members, as well as to non-members who live or work in SEFCU's...