Member Gateways Eyes New CUSOProducts

LAS VEGAS - (05/12/05) -- Member Gateways LLC, the creditunion incubator funded by a dozen credit unions, is poised to enternew markets later this year. The CUSO is exploring a nationwideoffering to help credit unions provide payroll services to selectemployee groups, with possible roll-out later this year, accordingto Deborah Jones, senior vice president for strategic development.Another product the credit union incubator is looking is a nationalmodel for a payday loan program, Jones told The Credit UnionJournal during this weeks annual NACUSO convention here. Thefive-year-old CUSO, which has helped develop subprime mortgage, anational mortgage CUSO, and a technology company, known as ExperionSystems, has expanded its credit union partners to 24.