CUSO Magazine
CUSO Magazine provides important and timely updates along with valuable insights for the credit union sector. It starts as a digital platform and has the potential for future expansion.
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Articles
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1 week ago |
cusomag.com | Emily Claus
Last week, the NCUA held its first board meeting since the dismissals of board members Todd Harper and Tanya Otsuka by President Trump in April. As the NCUA has consistently argued that one board member can constitute the required quorum, the meeting was held by the sole remaining member, NCUA Chairman Kyle Hauptman.
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2 weeks ago |
cusomag.com | Geoff Johnson
As technology propels forward at breakneck speeds, credit unions often feel an overwhelming pressure to invest in new technologies to keep on par with the competition and ensure relevance and success in today’s market. However, such technology comes with a hefty price tag, not to mention the vendor due diligence and regulatory compliance that accompany these products, that smaller institutions simply do not have the means to infuse money into.
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3 weeks ago |
cusomag.com | Emily Claus
Right now, in the United States, there are over 42 million student loan borrowers holding over $1.7 trillion in outstanding student loan debt. While a small portion (and by small, I mean a few billion) is held by private lenders, over 99% of the loans belong to the federal government.
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3 weeks ago |
cusomag.com | Emily Claus
As the new administration took office earlier this year, documents began circulating in the House that suggested eliminating the credit union tax-exemption status as a means to fund the reconciliation bill from the House Ways and Means Committee. While the suggestion may have started as an offhand comment, it grew in legitimacy, as did the threat it posed to credit unions and the 142 million members they serve nationwide.
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1 month ago |
cusomag.com | Emily Claus
In the United States alone, there are over 41 million native Spanish speakers, making the US the second-largest Spanish-speaking country in the world. However, despite how abundant this group is, statistically, it is also one of the most underserved and underbanked populations, in no small part due to a lack of accessible financial institutions and products.
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