CUSO Archives

Thirsty for credit; how growing up in a banking desert can hurt members’ scores for life

As recently as two years ago, the practice of financial inclusion in the Southbridge neighborhood of Wilmington, Delaware, and the neighboring Route 9 Corridor was, in a word, lacking. An area so lacking in financial institutions and access to sources of financial health that local residents Monique and Tarik Wheeler had to resort to the […]

How credit unions can maximize financial inclusion for members

Financial Inclusion

Here is a statistic to grab your attention: According to a Financial Health Network study, underserved consumers spent $189 billion on fees and interest across five financial product categories in 2018 that included short-term credit. It shouldn’t come as a surprise when the Center for Financial Services Innovation (CFSI) estimates that 57 percent of consumers […]

Small but mighty credit unions work to nurture communities out of COVID

Financial Inclusion

Millions of consumers in the United States are learning to re-adjust to this near post-COVID period. Many are also re-thinking their approach to newfound financial challenges, how to overcome them, and how to take proper steps to improve their financial wellness goals. Tough concepts when a member or their loved one has been furloughed or laid off in […]

International Day of Cooperatives Provides a Double-Dose of Early July Celebrations

Financial Inclusion

Following a year like no other in recent memory, America deserves a Fourth of July filled with jubilation for the ideals and vision this country represents. The day prior, however, offers cooperatives worldwide, credit union service organizations (CUSOs), and the credit union industry an additional day to celebrate. It is in the spirit of partnership and the […]

What is a Credit Union Service Organization?

Financial Wellness

CUSOs provide credit unions with ideas to spur innovation, increase efficiencies through specialization and gain economies of scale.

Tag: CUSO

Thirsty for credit; how growing up in a banking desert can hurt members’ scores for life

How credit unions can maximize financial inclusion for members

Small but mighty credit unions work to nurture communities out of COVID

International Day of Cooperatives Provides a Double-Dose of Early July Celebrations

What is a Credit Union Service Organization?

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