CUSOs (Credit Union Service Organizations)

A Credit Union Service Organization (CUSO) is a company owned and operated by credit unions to provide financial services and support functions more efficiently. CUSOs handle activities like lending, insurance, investment services, or technology solutions, allowing credit unions to expand their offerings without doing everything in-house. This partnership helps credit unions serve their members better by leveraging specialized expertise, reducing costs, and improving operational efficiency, ultimately enhancing the financial products and services available to members.