Do It Yourself Or Do It Together?
Thomas Hull discusses the decision-making behind when a credit union should tackle something on its own versus when it should rely on its network.
NetGiver welcomes Glynn Frechette as new CRO
NetGiver announces Glynn Frechette as the new Chief Revenue Officer for the Minnesota based CUSO. With an extensive history serving both the financial and philanthropic spaces, Glynn’s experience with top-line revenue growth, leadership, and internal innovation joins NetGiver at a pivotal point of scale.
Unlocking the Power of Financial Ratios Part Two
Continuing their series on financial ratios, Bob Frizzle, Patrick Sickels, and Christen Lipschutz share a few additional ratio tools to utilize looking to determine a CUSO’s financial stability.
Unlocking the Power of Financial Ratios Part One
Bob Frizzle, Patrick Sickels, and Christen Lipschutz explain some helpful ratios to use when looking to determine a CUSO’s financial stability.
NCUA to Receive Third-Party Oversight with New Bill Introduced
In a move opposed by credit union trade groups, Senators Jon Ossoff, D-GA, Cynthia Lummis, R-WY, and Mark Warner, D-VA, introduced a new bill that would provide NCUA with oversight powers over credit union organizations and service providers, reports CUSO Magazine’s Esteban Camargo.
Going Public: A Credit Union, Their CUSO, and a SPAC
What happens when a credit union-owned CUSO is sold? Chip Filson looks into the 2022 sale of Safe Harbor Financial to special purpose acquisition company North Lights Acquisition Corp.
Neighborhood Mortgage Solutions Hires New MLO To Retail Lending Division
Neighborhood Mortgage Solutions, a Credit Union Service Organization (CUSO) based in Michigan announced the launch of a new loan origination arm in November 2021, the NMS Retail Lending Division.
Arkatechture Forms Data-Driven CUSO with ORNL Federal Credit Union and Tucson Federal Credit Union
Arkatechture, a technology company, has formed a CUSO with ORNL Federal Credit Union and Tucson Federal Credit Union to help accelerate implementation of the firm’s data analytics platform Arkalytics into the credit union market.
Tips for Managing Your Next CUSO Examination
CUSO examinations, while less frequent than credit union examinations, are no less stressful or thorough. Patrick Sickels advises on how best to prepare yourself and your staff ahead of time for an audit to make sure you pass with flying colors.
Your Results May Vary: The Hidden Price of Customization
Dawn Moore warns credit unions against diving too deep into customization as the result can make shared resources and support materials confusing enough to members that they become useless.