State

Tennessee

By Chip Filson | Sept. 12, 2011

Credit unions can meet the collective goal of supporting more than 1 million jobs this year.

By Callahan & Associates | June 1, 1998

Members' First Financial Services was incorporated as a CUSO in January, 1993, as a wholly-owned subsidiary of Memphis Area Teachers' Credit Union (MATCU). It has been successful, but we learned some of our lessons the hard way. Members' First provides financial services only; there is no operations division, although it is permitted by regulation and done successfully by other CUSOs. From our five-year experience with this financial services CUSO, we offer our thoughts on how CUSOs can be use