Innovation

It’s a Wrap! The 2018 NACUSO Network Conference celebrates the best of collaboration and innovation at the “Happiest Place on Earth”

This year’s event began with golf at one of the most beautiful courses in the US – Pelican Hill. Then on Monday afternoon Messick, Lauer & Smith officially kicked off the event with Hot Topics for CUs and CUSOs in 2018. The room was packed and set the tone for another great meeting of minds.

A big thank you to Mastercard, our Exclusive Premier Card Partner for bringing NBA legend David Robinson to our event. David was gracious enough to attend an advocacy fund-raiser breakfast where we exceeded our fund raising goal! After breakfast David took to the main stage to tell the story of how blessed he was as a star athlete that he has devoted the rest of his life to turning those blessings into opportunities for kids. In an interview in 2001 titled “David, The Goliath of Giving” he said, “I didn’t have a lot to do with being 7-1, that was a gift.… Read more

CU RateReset Wins 2018 NACUSO Next Big Idea Contest for the Second Time

In the toughest competition to date, CU RateReset CEO Keith Kelly once again knocks it out of the park with his 7 minute presentation at the Next Big Idea Competition last week at the NACUSO Network Conference at the Disneyland Hotel.

Two years ago Keith won the competition with CU RateReset. This year he entered with Knocknock, a disruptive digital solution that provides bilateral interaction between the credit union and the member to deliver “just in time offers” based on real time triggers.

“This year we tied the record for the most applications for the competition with 14,” said Jack Antonini, President/CEO of NACUSO. “Every year we see this contest getting more and more competitive. Our event has become the place ‘where deals get done’ as evidenced by last year’s winner Kris Kovacs of Constellation.mi”

“There is no doubt that winning the NACUSO Next Big Idea Competition was the best way to launch the Constellation Digital Platform and our new CUSO.… Read more

NACUSO Recognizes Excellence in Collaboration at 2018 Network Conference

The National Association of Credit Union Services Organizations (NACUSO), the only trade association focused on growing and protecting the CUSO movement recognized four outstanding CUSOs and one innovative and collaborative credit union at the 2018 NACUSO Network Conference at the Disneyland Hotel.

NACUSO understands the importance that collaboration and innovation play in building a strong and vibrant credit union industry. The CUSO of the Year award has been in place since 1998 and has recognized such legendary CUSOs as the CO-OP Shared Branch network, CU Direct, CU*Answers, CUSO Financial Services and PSCU. Last year’s recipient was CU*NorthWest. This year’s winner is The Servion Group. The Servion Group was founded in 1987 as CU Mortgage Services, Inc., by three Minnesota credit unions – Twin City Co-ops Federal Credit Union (SPIRE Credit Union), City-County Federal Credit Union (purchased by WINGS Financial Credit Union), and NWA FCU (WINGS Financial Credit Union) – looking to offer competitive mortgage solutions to their members.… Read more

Judy, George, Jane, Elroy, Astro and Rosie

Do those names ring a bell? If you were born in the 50’s or 60’s chances are you tuned into see the Jetsons. It debuted September 23, 1962 in prime time and was the first program broadcast in color on ABC.

The Jetsons lived in Orbit City where cars flew, homes were raised high above the ground on columns and daily life was leisurely, assisted by numerous labor-saving devices. It was cancelled after 2 seasons but went on to be part of the Saturday morning cartoon line-up as reruns where many of us laughed at the impossible world where a car would fly.

Fast forward to today. We have driverless cars being tested. 80% of homes with internet also have Smartphones where you can check into a hotel, deposit a check to your credit union, order a rideshare (Uber) pay for your coffee, you name it. My toothbrush coaches me to brush for two minutes, my FitBit tells me when I should wind down and get ready for bed.… Read more

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