The face of America's credit union service organizations
may be changing but the main objective of servicing the member
remains the same. Many credit unions have recently turned
their sights to the cooperative business model, joining forces
with other credit unions to offer unique products and services
to their members. From shared branch and ATM networks to insurance
and investments, credit unions are experiencing the benefits
of these collaborative efforts.
Today's CUSOs have grown in strength and numbers as there
are now more than 700 CUSOs in existence. While wholly owned
CUSOs are still more prominent with more than 500 in the U.S.,
more and more multi owned CUSOs are being formed as a result
of the cooperative model.
Listed below are the top 25 credit unions in CUSO activity
and their total loans and investments as of December 31, 2002.
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