Four Views on What ‘CUSS’ Is All About UNDERGROUND Thriller Coverage LAS VEGAS–Four people who were among the first to raise their hands in support of creating an ambitious new credit union shared services model—one that is specifically aimed at boosting the competitive prospects of smaller CUs, especially via technology–shared why they did so and […]
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The Pray are Fighting Back UNDERGROUND Thriller Coverage LAS VEGAS–A new shared service model being developed is really about the “prey fighting back” and putting an end to “predatory” tech, according to several credit union leaders. The comments came during a discussion on the Credit Union Shared Service (CUSS) model being developed by Mitchell Stankovic
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The Truth About Retirement Plans for Credit Union CEOs Time for Change In recent years, we’ve seen headlines vilifying CEOs for receiving hefty compensation payouts, especially in financial services. However, the reality for many credit union CEOs, particularly those from smaller credit unions, tells a much different story. The notion that these leaders are raking
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The Case for Centralized Back Office Functions The world of financial services is becoming increasingly complex, and credit unions are no exception. With hundreds of vendors to manage, the risk of exposure to security threats continues to grow. The importance of streamlining operations to safeguard member data and ensure smooth operations cannot be overstated. That’s
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Modernizing Your Tech Stack The Key to Credit Union Relevance and Success In today’s fast-paced financial landscape, staying competitive means embracing modern technology. For credit unions, this isn’t just about having the latest gadgets or software—it’s about building a flexible, scalable tech infrastructure that serves your unique needs. Enter Credit Union Shared Services (or CUSS)
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Revolutionizing Leadership The Role of Fractional CEOs, CFOs, and Other Executives in Credit Unions Succession planning is a must for credit unions but comes with unique challenges. Unlike large banks that can offer lucrative compensation packages, credit unions often struggle to attract high-level talent willing to commit 24/7, 365 days a year. The harsh truth is that
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Credit Union Shared Services (CUSS) white paper announcing a modernized core and sandbox of connected solutions to be released on Oct. 26 at the Underground. Unshackle CUs from Predatory Legacy Tech By Susan Mitchell Most credit union industry executives know that running on a core system that’s 50 years old is a significant problem. Some
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