A true partnership can be a game changer. A strong partner can make you stronger. A loyal partner will go to bat on your behalf. A dedicated partner has your back when the going gets tough. Having the right partner on your side can make a huge difference.
Vendors provide a service for a price. But a CUSO is a true cooperative partner that adds value to enable the success of both the CUSO and its credit union owners. A CUSO delivers incremental benefits to its owners through scale in buying power, partnerships with industry leaders, and direct access to the services credit unions need to compete with banks and other financial services providers in today's marketplace.
CUSOs were founded, built and governed by credit unions for the purpose of giving their owners access to best-in-class products and services at competitive prices. The cooperative's owners contribute a collectively unique perspective on their strategic needs, which ensures the focus of the cooperative addresses the highest priority needs of its membership. Credit unions, not shareholders, are in control of the CUSO's product development roadmap, and the CUSO delivers on the roadmap by leveraging expertise of credit union executives.
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