Special Report: CUSOs 2018

Maybe your credit union is considering forming a wholly owned CUSO to provide insurance or investment services to members, or maybe you’re looking to partner with other CUs to rein in operating expenses or collaborate on new technology.

Either way, Guy Messick, general counsel with the National Association of Credit Union Service Organizations and attorney with Messick Lauer & Smith, Media, Pa., has guided the formation of many credit union service organizations. He offers these five steps from conception through continual improvements to keep CUSOs running smoothly and on target.