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Article: Future Of CUs, CUSOs Is In Networks, Expert Predicts: Why One CUSO Leader Sees Enormous Opportunities In A Networked World Of Credit Unions.(credit unions)(Credit Union Service Organizations)
- Article from:
- Credit Union Journal
- Article date:
- August 7, 2006
- Author:
CopyrightCOPYRIGHT 2006 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KENTWOOD, Mich. -- CU*Answers CEO Randy Karnes isn't afraid to break a few eggs, if that's what it takes to build a credit union-owned network.
Tying that reachable dream to the prospect of doing business with one-million members (soon to be the total membership of CU* Answers owner/client credit unions) Karnes has positioned the company around the growth, penetration and economies of scale (reduced pricing, expanded lending options and marketing) that make for fulfillment and success. But he's talking about a very different concept and challenging CU leaders to think across borders.
"We are this close to serving one-million members," Karnes said, ...