The CUSO Ownership Model
CU*SOUTH seeks active participation from CUs of all sizes.
A True CUSO
Governed by a Board of Directors elected at our Annual Meetings.
To encourage ownership by all CU’s, we price each share at just $50,000.
Like your credit union, our model is “one-share, one-vote” to avoid giving any single owner too much political control.
Level Playing Field
We limit share ownership to 10 shares per CU, to avoid the risk of economic dominance.
100% of your costs stay within the CU movement. It is an investment in building a cooperative – not a strategy to enrich banking software vendors aligned with the priorities of Wall Street or private investors.
Governance – owners serve on the Board of Directors, as well as
strategic advisory councils, where they set the direction of our software and our services.
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