Critical Thinking

What Impact has The Deregulation of Retail Investment Services & Incidental Powers had on Credit Unions?

by Pete Snyder, Board Member of NACUSO, President of SCS – Snyder Consulting Solutions

For so many years the manner in which products and services delivered by credit unions to its members was based on whether or not they were “core” or “incidental” to the business of credit unions. If a credit union desired to earn income in excess of their actual expense they were required to deliver and operate these “incidental” products and services through a CUSO (credit union service organization).… Read more