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Understanding the Role and Functions of a Credit Union Service Organization
What is a credit union service organization (CUSO)? In the world of financial services, CUSOs play a crucial role in supporting credit unions and their members. These organizations are formed by credit unions to provide specialized services that can enhance the operations and offerings of these financial institutions. By leveraging the collective resources and expertise of multiple credit unions, CUSOs aim to offer innovative solutions and improved member benefits. In this article, we will explore the significance of CUSOs, their services, and the impact they have on the credit union industry.