News

NEWPORT BEACH, Calif. - NACUSO is shoring up its support behind its new collaborative business model with an award it will present for the first time at its upcoming annual conference. The association's 2006 CUSO Collaboration and Cooperation Award will be judged on five criteria: thought leadership and critical thinking;...

WINSTON-SALEM, N.C. - Selling a home is difficult enough, but add to that the prospect of also buying a new home and the ordeal can be pretty hefty as any homeowner can attest to. Allegacy FCU's new real estate services CUSO is making the job easier for the CU's members,...

TALLAHASSEE, Fla. - The FCUL Service Group, a wholly-owned subsidiary of the Florida Credit Union League, received two silver awards in the 2006 ADDY Awards, highlighting the company's 2005 marketing efforts on several products and services targeted to Florida CUs. The ADDY Awards are the largest advertising competition in the...

LENEXA, Kan. - Jeff Kline and Lisa Renner have been around CUSOs long enough to know that when it comes to NACUSO's new collaborative business model, it might take CUSOs awhile to acclimate to the new strategy. But they're also certain it will be well worth CUSOs' patience and perseverance....

Despite the expansion of credit unions' incidental powers, CUSOs still serve an important role and provide vital services to credit union members and nonmembers. As the chart below from Callahan & Associates shows, the largest multi-owned CUSOs run the wide gamut of services CUs offer including credit card services, ATM...

HAGERSTOWN, Md. - Ongoing Operations LLC, a business continuity, multi-owned CUSO formed in March 2005, held its ribbon-cutting ceremony Feb. 16 to celebrate the grand opening of its 32,000 square-foot facility. The seven charter owners of the CUSO are National Institutes of Health FCU, Northwest FCU, Department of Labor FCU,...