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What are CUSOs doing?

first_imgWhat are CUSOs doing? This is a very common question I hear from credit union and CUSO folks. From our vantage point of working with NACUSO and working with hundreds of CUSOs in the past 30 years, we have a unique perspective to know the CUSO universe. Even NCUA used to call us on CUSO industry questions from time to time. Now that CUSOs are becoming an essential part of the credit union business model, existing CUSOs are being asked to provide more services and new CUSOs are being formed. Will there ever come a day when we have more CUSOs than credit unions…maybe?Since the role of CUSOs is becoming so important to the success and survival of credit unions, NCUA saw the need to know more about CUSOs. While NACUSO and NCUA had differing views on whether CUSOs could be required to report directly to NCUA, the silver lining is a better knowledge base about CUSOs.The good news is that the NCUA’s CUSO Registry is a searchable data base and it attempts to be as comprehensive as possible.   The bad news is that NCUA does not share much data… only the CUSO’s name, address, telephone number, web site and services.  CUSOs were nervous about NCUA sharing their proprietary data and NCUA erred on the conservative side. continue reading » 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Sunland Group MD Sahba Abedian sells luxury riverfront apartment

first_imgSahba and Nava Abedian, with April Zyan, at the launch of Sunland Group’s 2017 Queensland Portfolio at Palazzo Versace, Main Beach. Picture: Regina King.SUNLAND Group managing director Sahba Abedian and his wife, Nava Moghbelpour, have sold their luxury riverfront apartment in Newstead.The three bedroom, two-bathroom unit in the Mirvac-built Pier Waterfront fetched $2.25 million after being snapped up by a local owner-occupier. Sahba Abedian has sold his apartment in Mirvac’s Pier Waterfront development in Newstead. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours agoThe couple paid $1.95 million for the property in 2013.The apartment spans 207 sqm and the master bedroom comes with an ensuite and its own private balcony.The property was marketed by LJ Hooker New Farm’s Brett Greensill. Soheil and Sahba Abedian of Sunland Group. Picture: Tara Croser.Sunland Group is behind the new Abian development in the Brisbane CBD.Sahba Abedian is a lawyer and in 1998 he joined his father, property developer Soheil Abedian, at Sunland. Domestic violence victims facing homelessness Property investment slowdown Where the under-30s want to buylast_img read more

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