Registration for CUSO Registry Set for Feb. 1

Credit union service organizations can begin to register with the NCUA's CUSO Registry starting Feb. 1, the agency said Monday.

Registration will take place for 60 days, ending March 31. Registration is free and accessible online at http://go.usa.gov/cPcy5. During registration, NCUA will provide CUSOs with addition support material and customer support.

The NCUA will host a webinar on how to use the registry on Thursday, Feb. 11. Registrants can submit questions for the free webinar ahead of time by email, with the subject line "CUSO Registry Training."

The registry stems from a new CUSO rule approved by NCUA's board of directors in 2013 that requires federally insured credit unions to guarantee that any CUSOs they invest in or make loans to will provide certain information to the agency.

Jacob Passy

Reporter, SourceMedia

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