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NCUA to Host Feb. 11 Webinar on Using New CUSO Reporting System
Tuesday, January 26, 2016 6:35 AM

The National Credit Union Administration announced Monday that credit union service organizations will have 60 days to register with NCUA’s CUSO Registry, the new online system for CUSOs to report their operational and financial information directly to the agency.

As part of the launch of the CUSO Registry, NCUA will host a free webinar on how to use the system on Thursday, Feb. 11, beginning at 1:30 p.m. CST. An online registration page for the webinar will be available in the coming days.

As part of NCUA’s enhanced CUSO rule approved by the NCUA board in Nov. 2013, federally insured credit unions are responsible for ensuring the CUSOs they make loans to or invest in agree to provide certain information directly to NCUA.

The registration period begins Monday, Feb. 1, and ends Thursday, March 31. There is no fee to use the registry. CUSOs can access the registry at http://go.usa.gov/cPcy5.

NCUA will provide additional support material and customer support when the system goes live on Feb. 1. Additional information on the CUSO Registry and the registration process can be found here.