NACUSO and Pepperdine University Partner to Offer Collaboration Design and Implementation Program to CU and CUSO Executives

Newport Beach, Calif. (Jan. 13, 2009) – Focusing its efforts on creating positive solutions for credit union growth, the National Association of Credit Union Service Organizations (NACUSO) will launch an innovative applied Education and Certification Program in July 2009, under the tutelage of NACUSO president & CEO Thomas C. Davis, PhD.  Developed specifically for credit union and CUSO executives, “Planning at the Speed of Change:  Designing and Implementing Credit Union and CUSO Collaborations and Business Networks” is a Program from NACUSO’s National Center for Collaboration & Innovation offered in partnership with Pepperdine University, Malibu, California.… Read more

SBA Analyst John Wade Outlines Current Conditions of Small Business Lending

San Diego, Calif. (Oct. 19, 2008) – The National Association of Credit Union Service Organizations (NACUSO) launched its Member Business Services Alliance, Thursday, October 16, at the Marriott San Diego Hotel & Marina.  One hundred twenty-five attendees participated in NACUSO’s fourth annual business services event, focused on the collaborative growth of credit union business services industry-wide. 


The number one topic surfacing during NACUSO’s 2007 Business Services Collaborative in New Orleans was the aggregation of SBA lending.  Consequently, NACUSO Platinum Partner Member Business Lending, LLC, stepped forward as NACUSO’s “Diamond Sponsor” for the 2008 Member Business Services Alliance, taking a proactive role in keeping members current on developing SBA lending activities, best practices and the affect of recent economic developments.


As part of NACUSO’s Thursday morning opening session, John M. Wade, CFA, Financial Analyst within SBA’s Office of Financial Assistance, Washington, D.C., presented “The Current Condition of Small Business and Small Business Lending” to the fervent audience.Read more

Michigan Educational CU Donates to “BUY CUSO” Campaign

Newport Beach, Calif. (Aug. 28, 2008) – The National Association of Credit Union Service Organizations (NACUSO) announced the Michigan Educational Credit Union recently donated $2,500 to support the on-going “BUY CUSO” advertising campaign.  The contribution was delivered by Bill Brunton, president/CEO of Michigan Educational Credit Union, headquartered in Plymouth, Michigan.

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Sample CUSO Investment Policy – Aug. 2008


CUSO Investment Policy


A.        Philosophy Re: Collaborations

            Collaborations are an essential element in the operations of the Credit Union.  Collaborations enable the Credit Union to be able to provide services more efficiently and effectively and to provide valuable financial services to members that cannot be offered through the traditional credit union model.  To optimize the benefits of collaboration the Credit Union will first look to determine whether a service solution is provided by an existing collaboration.  If an existing satisfactory existing collaborative solution is not available, the Credit Union will determine if a new collaboration can provide the service solution. If a new satisfactory collaborative solution is not possible, then the Credit Union will consider a service solution without collaboration.


B.         Background and Purpose

            The purpose of the CUSO Investment Policy is to provide guidance to the Credit Union in considering, selecting, implementing, monitoring and managing collaborations in order to enhance the success of the collaborations.Read more

NACUSO Salutes David Serlo and Valorie Seyfert, Recipients of the Prestigious 2008 Ernst & Young Entrepreneur Of The Year Awards

NACUSO wants to recognize the recent achievements of two of its members and Platinum Partners. PSCU Financial Services CEO, and NACUSO board chairman, David Serlo, St. Petersburg, Florida, won the 2008 Ernst & Young Florida Entrepreneur Of The Year® Award. In addition, CUSO Financial Services, LP CEO Valorie Seyfert, San Diego, California, received the Ernst & Young Entrepreneur Of The Year® 2008 Award in the business services category in the greater San Diego region.… Read more