Business CUSO To Serve FloridaCUs

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ORLANDO, Fla. - (09/09/04) -- Seven Florida credit unions haveformed a new business lending CUSO called The Cypress Group, LLC.The CUSO will provide underwriting, documentation and portfoliomaintenance support. Investors include Campus USA FCU, Gainesville;Central Florida Educators CU, Orlando; Educational Community CU,Jacksonville; MacDill FCU, Tampa; Pen Air FCU, Pensacola; SpaceCoast CU, Melbourne, and Tropical Financial CU, Miami. Larry Scottof Campus USA will chair the new operation.

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