Credit Union Service Organizations (CUSOs)

Credit Union Service Organizations (CUSOs) are companies that provide a variety of services to credit unions and their members. They are typically created by credit unions to enhance services like lending, technology, insurance, and financial education. By pooling resources, CUSOs can offer better products and lower costs than individual credit unions might achieve alone. This collaboration allows credit unions to remain competitive, support their members’ needs, and expand their offerings while maintaining their member-focused philosophy. Overall, CUSOs help strengthen the credit union system and improve service quality for members.