March 18 – It is important to please send in your organization’s comment letter to the NCUA by 3/29/21. This shows your support of the proposed amendment to the CUSO rule, to enable CUSOs to be an option to help credit unions who choose to utilize this collaborative solution. The market is changing, and more people are buying online and at the point-of-sale, making it more challenging for credit unions to be the loan solution for their members. National sellers don’t want the friction of determining who is a CU member and to connect with hundreds of credit unions — CUSOs can help by being a single national focal point for credit unions.
We have provided the links below to learn more about the proposed amendment to the CUSO rule. Also just added, is the option to download a simple one-page version that your organization can use as a template and starting point for your own comment letter.
- Click to download: NEW! Draft of Comment Letter (one-page version) to submit to NCUA
- Click to download: Draft of Comment Letter (long version) to submit to NCUA
- Click to view: NACUSO’s Signed Comment Letter 2-26-2021 to NCUA
- Click to view: Instructions on how to send Comment Letters to NCUA
