CUSO (Credit Union Service Organization)

A Credit Union Service Organization (CUSO) is a cooperative entity created by one or more credit unions to provide specialized services to credit unions and their members. These services can include anything from financial technology solutions to marketing support and shared back-office functions. CUSOs help credit unions enhance their offerings, improve efficiency, and ultimately serve their members better, often at lower costs than if they operated independently. By pooling resources, credit unions can collaborate and innovate, ensuring they remain competitive in the financial services market.