We have been through the pain of implementing the new regulation. We have registered our CUSOs and scratched our heads over the types of information the NCUA requested as part of the CUSO registration process. But now we are able to reap one benefit from the hard work. We can now search the publicly available […]
How are CUSOs helping credit unions and their members? The approaches are changing, as are the needs of members coming out of the recession. Please click here to read more. [Subscription required] Brian Lauer, Partner with Messick and Lauer P.C., is quoted in this article written by Ray Birch which was originally published in the […]
The National Credit Union Administration required all credit union service organizations to register by March 31, and while the process went mostly smoothly, some CUSOs now worry what will happen with the information they have provided the regulator. Please click here to read more. [Subscription required] Brian Lauer, Partner with Messick and Lauer P.C., is […]
As most of you know, all CUSOs are obligated under the NCUA Regulations to register certain information directly with NCUA on an annual basis. Over 800 CUSOs did so in February and March. NCUA is now in the process of making sure all CUSOs have registered. Their new deadline is April 30, 2016. They are […]
I am constantly trying to get the attention of credit unions to persuade them that even successful credit unions need to collaborate and they need to start now. With every Tom, Dick and Harry competing to take away the traditional business lines of financial institutions, credit unions cannot sit back and wait for things to […]
During the process of assisting with CUSO Registry questions, it came to our attention that in order to complete the CUSO Registry, CUSOs were required to agree to be bound by statutes that apply to credit unions which imposed penalties that are not applicable to a CUSO. On behalf of NACUSO and the many CUSOs […]
The following is a link to an article published in the Credit Union Times wherein a member of our firm is quoted. CUs Link for Compliance by Michelle A. Samaad 4/22/2012 http://www.cutimes.com/2012/04/22/cus-link-for-compliance
The following is a link to an article published in the Credit Union Times wherein a member of our firm is quoted. Protect CUSO Operations Against Scrutiny by Michell A. Samaad 3/6/2011 http://www.cutimes.com/2011/03/16/protecting-cuso-operations-against-scrutiny
The following is a link to an article published in the Credit Union Times wherein a member of our firm is quoted. CUSOs Can Falter After Mergers and Conservatorship by Michell A. Samaad 11/24/2011 http://www.cutimes.com/2011/07/24/cuso-can-falter-after-mergers-and-conservatorships
Plymouth, MN (June 13, 2014)–OnApproach, a leading provider of reporting and analytics solutions to credit unions, announced today that it has entered into an agreement to acquire Technology Navigator. Technology Navigator is a Credit Union Service Organization (CUSO) providing reporting and analytical solutions to analyze risk, assess lending and certificate portfolio makeup, address key performance […]
