News

NEWPORT BEACH, Calif. - Copies of The National Association of Credit Union Service Organizations' (NACUSO) first "CUSO Reference Directory" will soon be available for distribution. The 2002 edition of the directory includes a listing of almost 700 CUSOs nationwide and includes data from more than 250 of the 700 CUSOs...

SAN DIEGO - There's still no word from the Securities and Exchange Commission (SEC) on whether the agency will extend the broker-dealer license exemption for CUSOs. But with the ramifications on financial services CUSOs' business models being potentially far reaching, CUSO Financial Services has begun developing strategies to address the...

TORRANCE, Calif. - If anyone had suggested a few months ago when the SEC first announced it might not extend CUSOs' broker/dealer license exemption, that the agency's decision could actually prove to be an opportunity for credit unions, their opinion probably would have fallen on disbelieving ears. Though still in...

Some people are already counting out aggregation. Web site innovations are not as plentiful, but still exist. Read about these and other hot tech topics in the special report on pages 18-26.

SAN DIEGO - Symitar Systems is now offering its clients a software add-on to its core system that will allow credit union members to enjoy the same bounced-check protections that bank customers have long had. In fact, Joe Gillen had credit unions in mind when he created Houston-based Pinnacle Financial...

DALLAS - Put money directly into the day care center's checking account. Transfer money from your credit union to your son's bank account near the college he's attending more than 1,000 miles away. Transactions like these are becoming more common as financial institutions and vendors work to tear down traditional...