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Winning Title of NACUSO’s 2023 Next Big Idea Competition

March 30, 2023 – The eleventh annual Next Big Idea Competition took place on Tuesday, March 28 during the NACUSO Network Conference at Wynn Las Vegas Resort.

Five finalists were chosen by a selection committee as they presented innovation and drive for advancements within the industry.

Taking first place with 40 percent of votes is Goalsetter. This is the only family saving, investing, financial education, and smart spending platform that makes it easy for the whole family to go cashless while teaching them how to be money smart. Centered around fun, relevant, and engaging financial education content, Goalsetter’s smart money platform for families provides users with a savings account, an investment platform, and a teen and tween debit card with parental controls and game-based financial education quizzes.

Following in second place is Mahalo Banking. The CUSO provides online and mobile banking solutions for credit unions and has created a next-generation digital banking platform. The technology is engineered to deliver neurodiversity functionality intended to improve digital inclusivity and accessibility and better accommodate the cognitive needs of all credit union members.

In addition, this is the third year in which CO-OP Solutions sponsored the competition with a total prize pool offering of $10,000. Goalsetter received $7,500 as the first-place winner of the competition and the remaining $2,500 was awarded to the second-place winner Mahalo Banking.

Special recognition goes out to the additional three finalists: Banksocial, Harnes FI, and Quilo.  Additional coverage related to the competition and the NACUSO Network Conference will be released at in the coming weeks.

The 2024 Next Big Idea Competition will be held in April of next year, during the next NACUSO Network Conference.

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Four CUSOs Receive Prestigious Awards at the 2023 NACUSO Network Conference

March 30, 2023 – NACUSO presented variations of the prestigious CUSO of the Year Award to four CUSOs at their 2023 annual conference.

The award presentations took place on Day 3 of the conference: Wednesday, March 29 in Las Vegas at the Wynn Las Vegas Resort.

The CUSO Awards have evolved over the years as they date back to 1998, but the core purpose of the awards remains; to recognize CUSO’s with stories of great accomplishments and innovation that push for advancements within the industry.

CUSOs nominated for the awards are then evaluated by NACUSO’s award committee which is no easy feat. The awards committee conducted interviews with each nominee and ultimately chose four CUSOs to be awarded for their cooperative efforts.

The additional awards for 2023 were for NEW CUSO of the Year as well as the CUSO of the Year – Distinguished Service Award that was introduced in 2021. See below for the Award Winning CUSOs of 2023:

CUSO of the Year: Centennial Lending

NEW CUSO of the Year Award: Arkatechture, and Reseda Group

Distinguished Service Award: Origence

The 2023 CUSO of the Year Award Winners on stage at the NACUSO Network Conference

Congratulations to all four of our award winners for 2023, and a sincere thank you for the continued forward movement of CUSOs and Credit Union services.

The 2024 CUSO of the Year Awards will be held in April of next year, during the next NACUSO Network Conference.