LAS VEGAS — Where do CUSOs fit as credit unions wonder if the legislative and regulative worlds are "spinning in sync?"
It was the question posed by Dennis Dollar, former NCUA board chairman and principal partner of Dollar Associates LLC, at an April 26 afternoon session during NACUSO's annual conference. Dollar gave an overview of what credit unions may expect going forward in a number of areas including the corporate credit union restructuring, mergers and financial reform.
Dollar said he is "convinced CUSOs are the wave of the future," especially among larger credit unions. The same may be true for smaller credit unions "if they're not afraid to collaborate with larger ones." It remains to be seen since the industry is in rehab after undergoing surgery last year, he explained.
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