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NBS is a wholly owned subsidiary of NACUSO that provides credit unions and CUSOs information they need to discover and implement opportunities. NBS identifies Promotion Partners that provide significant value through collaborative business models. In the NACUSO Marketplace, NACUSO Members have a virtual 24 x 7 booth that provides extensive information on their services. The searchable database enables credit unions to quickly identify potential service providers and CUSOs that are open to investments. The Want-Ad enables Members to post staffing or service needs. The News, Features & Pitch Section keeps credit unions informed of opportunities as they arise, including one minute video pitches without the elevator.
- The Road to Success is Paved with Capital (from Sale/Leasebacks)Originally published on CUToday.info: https://www.cutoday.info/site/THE-tude/The-Road-to-Success-is-Paved-with-Capital-from-Sale-Leasebacks04/26/2022 08:04 pm By Guy Messick In 2006, Alan Mulally, then Ford CEO, made a bold move. Ford borrowed $23.6 billion and mortgaged its real estate holdings to finance necessary improvements to keep Ford competitive. He knew that having untapped equity in real estate holdings was not helping Ford meet its… Read more >>>
- NCUA Amends the CUSO Rule
At the October 21, 2021 Meeting, the NCUA Board amended the CUSO Rule to enable CUSOs to make all types of loans a credit union can make and a means for NCUA to add additional CUSO powers without going through a lengthy regulatory amendment process. CUSOs could previously only make business loans, student loans, mortgage… Read more >>> - The NACUSO Marketplace – Connecting Credit Unions with Opportunities
NACUSO is the crossroads in the credit union community where credit unions connect to both CUSO and non-CUSO service providers to enhance the ability of credit unions to serve their members. NACUSO Business Services has developed the NACUSO Marketplace to facilitate those connections on a digital platform. Service providers have a virtual sales booth they… Read more >>> - CEO Guy Messick Introduces NACUSO Business ServicesGuy explains the mission of NACUSO Business Services to provide more opportunities for credit unions to connect with CUSOs and other key service providers through a virtual Marketplace. Credit unions can see multiple service options and the NACUSO Members can describe their value proposition. The digital platform supplements the rich networking opportunities NACUSO provides.