Collaboration

Collaboration: The New Competitive Weapon

collab-illustration-gears-headerThat was the title of the January 4th article posted by Emily Waite on GonzoBanker. The article is geared to encouraging the 6,000 banks that share less than half the market to come together in the spirit of collaboration so they can compete.

Waite states “Today, banking executives are struggling to stay current in an industry growing ever-more complex with increased regulation, changing customer expectations and digital disruption.”

Sounds so familiar, which is why we are proud to have over 3 decades of collaboration history under out belts in the form of the CUSO. There are estimated to be over 1,200 CUSOs in the US and we’re excited to be able to confirm that number with data after the CUSO Registry is complete this week. Reminder: If you haven’t registered your CUSO, please do so before March 31st.Read more

Merger Should Be the Last Resort. Collaboration is Key.

This year my husband and I traveled to Roswell, New Mexico for 4th of July and the International UFO Festival. It’s not to be missed. On Saturday morning we decided to take a walk around town. Just a couple of blocks off the Main Street and at the end of the historic district we came upon this beautiful home/credit union:

florist

The Florist Federal Credit Union. Founded in 1969 the credit union only serves florists, their families and their employees. They offer business loans, deposit accounts and merchant card services. Their VISA cards are gorgeous (flowers of course) They are $7.8 million in assets with just 900 members. This is old school, single sponsor, in a house, listening to their members needs and providing the unique products their target audience wants. I wonder if they still have a credit committee? They are financially strong and as long as there are flowers and florists this credit union should be around for a very long time.… Read more

2011 Board of Directors Nomination and Election Process

In 2011, there are four (4) NACUSO Board of Directors seats that are up for election.  Each seat has a three (3) year term.  The recent amendments to the By-Laws no longer have special category requirements.   All persons who are representatives of Primary Members in good standing as of the Record date are eligible to run for the Board.  View all the information including Nomination Forms on the 2011 Directors Nomination page.… Read more

NACUSO Announces Board of Director Election Results at 2009 Annual Conference

The National Association of Credit Union Service Organizations (NACUSO) announced the results of the 2009 Board Directors at its Annual Membership Meeting on May 4. The Annual Membership Meeting was part of the NACUSO 2009 Annual Conference at the Las Vegas Encore Hotel.  Under NACUSO’s By-Laws, there is a Board of eleven directors, four directors from Platinum Partner members, three directors from CUSO members that are not Platinum Partners and four directors without any qualifying representative connection. … Read more