Category: News

This section of the website updates you on industry news, legal and accounting issues and regulatory actions.

Letting Go of Our Myths

The stories we tell ourselves frame how we view the world, our place in it and how we respond to it. I call this internal viewpoint our myths, our prisms that interpret the world. The myths we create for ourselves have a profound impact on our ability to recognize and respond to change. Continue reading

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Bellco UBIT Case Victory

Judge Christine M. Arguello has issued her decision in Bellco Credit Union versus the United States of America. Continue reading

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Is There a Business Case for a Single, National CUSO?

The U.S. Census Bureau reports that credit unions hold only 6% of assets among U.S.-based depository institutions. Continue reading

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Biz Lending CUSOs Not Under Anti-Money Laundering Proposal By Michelle Samaad

NACUSO said business lending CUSOs are not affected by an anti-money laundering proposal from the Financial Crimes Enforcement Network. Continue reading

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Aspire FCU Builds on Taxicab Medallion Success With Niche CUSO By Michelle Samaad

Even before arriving at Aspire Federal Credit Union, Paul Perez was very familiar with the taxicab medallion business. Continue reading

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TMG Announces CU Card Securitization Despite Toxic-Asset Flurry By David Morrison

Jeff Russell wants credit union executives to consider participations in credit union-issued credit card loans as one way they can boost their investment income in hard economic times. Continue reading

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CUSOs Move From Collaborations to Collaborating

We really are fortunate to be working in an industry where collaboration and sharing of ideas are still prevalent. Continue reading

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Vulnerable Marketplace Brings CUSOs Together to Create Compliance Force By Michelle A. Samaad

On the surface, it looks like a marriage consummated by the turbulent financial downturn and a stream of fairly new regulations. Continue reading

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Transactional CUSOs Search for Better Ways to Help Member CUs By David Morrison

CUSOs that primarily help credit unions manage credit, debit, ATM and other payment transaction say that helping their member credit unions weather the current economic storm and even thrive are their biggest challenges over the next three months. Continue reading

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To Aid Innovation, NCUA Should Provide for CUSO Pilot Programs

These unprecedented times create an opportunity for credit unions to flourish in the coming decades if we harness the power of collaboration and pair that with innovation to meet the needs of consumers. Continue reading

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