Credit Union Service Organization, We are owned by a group of appr
Credit Union Service Organization, We are owned by a group of approximately 50 Minnesota With the backing of the full faith and credit of the United States, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 135 million account Transforming the 21st Century Credit Union As a credit union service organization (CUSO), S3 collaborates with our partner credit unions to offer high-quality operational solutions and support. Partner with us to enhance operational efficiencies and revolutionize customer experience. The top four CUSO services are lending, member services, other BackgroundThe NCUA Board approved a final Credit Union Service Organization (CUSO) rule, effective November 26, 2021. 11 (b) and (c) of this chapter concerning permissible In recognition of the potential for CUSOs to play an important role in facilitating credit union growth, the PRA proposes to amend its rules to make it clearer that credit union investments in The NCUA Board (Board) is seeking comment on a proposed rule that would amend the NCUA's credit union service organization (CUSO) regulation. The final rule accomplishes two objectives: expanding the (a) This part establishes when a federal credit union (FCU) can invest in and make loans to credit union service organizations (CUSOs). NCUA CUSO Registration As you know, part of forming a credit union service organization (“CUSO”) involves registering the company on the National Credit Union Administration’s (“NCUA”) CUSO Credit Union Service Organizations (CUSOs) can help credit unions to remain competitive with larger banks and financial institutions, but they are These tactics support high performance for a credit union service organization board and closely parallel those recommended for CU boards. 988 These The charter was approved on October 6, 1952, by the Bureau of Federal Credit Unions (the federal governing body at the time). Our company has been around since 1992, originally founded to Credit Services Organizations In Texas, credit service organizations ("CSOs") are governed by Chapter 393 of the Finance Code and the secretary of state's administrative rules found Displaying title 12, up to date as of 1/16/2026. Examine this Credit Union Service Organization list to find a fitting CUSO for If you are looking to be a player in the CUSO space, NACUSO Network has the most significant gathering of credit union minded service organizations there is. CUSOs offer expanded financial and operational services We also compliment your credit union’s regulatory compliance.