Member Gateways Poised To Offer Payroll Services

Member Gateways LLC, the credit union incubator funded by a dozen credit unions, is poised to enter new markets later this year. The CUSO is exploring a nationwide offering to help credit unions provide payroll services to select employee groups, with possible roll-out later this year, according to Deborah Jones, senior vice president for strategic development. Another product the credit union incubator is looking at is a national model for a payday loan program, Jones told The Credit Union Journal during NACUSO's convention here. The five-year-old CUSO, which has helped develop subprime mortgage, a national mortgage CUSO, and a technology company, known as Experion Systems, has expanded its credit union partners to 24.