In my thirty years of forming credit union collaborations, I have come to see common lessons, especially in multiply owned CUSOs providing one or more back office operational services. I examine twelve of those lessons in these types of CUSOs. (more…)
Events
2020 NACUSO Network Conference
Save the date of April 20-23 for NACUSO’s 2020 NACUSO Network Conference to be held at the Disney Yacht & Beach Club in Lake Buena Vista, Florida. Details will be available soon on our conference website at https://www.nacusonetwork.com to book hotel and for more information.… Read more
2019 Next Big Idea Winner & CUSO of the Year Winners
The 7th annual Next Big Idea winner is Zogo Finance. Bolun Li, Founder of Zogo began his presentation by asking the attendees to raise their hand if they had teenagers, now or in the past. And then he did an amazing job explaining to a room full of parents how his product can both educate and motivate teenagers. A daunting task to be sure. Zogo received 55% of the audience’s votes to claim the victory. Click here for photos and to watch his post-victory interview with Mike Lawson, CUbroadcast.
Click here to see photos and read about who the winners of this year’s CUSO of the Year and New CUSO of the Year Awards were.
CUSOs in the News
TLCU Financial signs core data processing contract with CU*Answers
CU*Answers announced that $37M Mishawaka, Indiana-based TLCU Financial recently executed a contract to change its existing core data processing platform to the CU*Answers CU*BASE® system, the CUSO’s flagship solution.
TLCU CEO Kendra Fleckner noted that during the discovery phase of their vendor search they realized that in addition to the benefits of having a CUSO core processor driven by its credit union owners, the easy to manage and use toolset helps set TLCU Financial up for many more years of success.
TLCU Financial is slated for a March 2020 conversion, and will bring approximately 4,200 members into the growing CU*Answers family.
About CU*Answers, Inc.
CU*Answers offers expertise in implementing technical solutions to operational needs, and is a leader in helping credit unions form strategic alliances and partnerships. CU*Answers provides a wide variety of services for credit unions including its flagship CU*BASE® processing system (online and in-house) and Internet development services featuring It’s Me 247 online and mobile banking.… Read more
PSCU’s Lumin Digital to Provide Westerly Community Credit Union with Digital Banking and Bill Pay Support
Lumin Digital, a PSCU company, announced Westerly Community Credit Union (Westerly, R.I.) has signed a multi-year agreement for Lumin Digital’s cloud-based platform as the credit union’s digital banking solution for retail and mobile banking, as well as bill pay solutions. Slated to launch in December 2019, WCCU will have more than 10,000 active users on the platform.
Founded in 1948 and currently holding more than $309 million in assets, WCCU’s mission is to provide the absolute best service to its members while preserving long-term financial stability. In searching for a digital banking partner, WCCU was looking for a forward-thinking company that would continue to evolve and update its technologies, solutions and services to meet the changing needs and expectations of its members. The credit union found this partner in Lumin Digital.
