Marriages between credit unions and CUSOs could help stave off the mergers that have plagued the industry and show off the cooperative movement's collaborative efforts, industry experts forecasted.
Dennis Dollar, a former NCUA board chairman and president/CEO of Dollar Associates, said the combination of CUSOs and credit unions creates a growing bond that could save the credit union industry through the entities' advocacy efforts.
"Together, the CUSOs and credit unions that have ownership interest in CUSOs make up a fairly potent advocacy force," Dollar said.
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