FARMINGTON HILLS, MI (May 27, 2025) |
A consortium of five credit unions (4Front Credit Union, Community Choice Credit Union, ELGA Credit Union, Team One Credit Union, and Honor Credit Union) today announced the formation of a CUSO support company called CUSO Edge (www.cusoedge.com).
CUSO Edge will focus on supporting Credit Union Service Organizations (CUSOs) and their owner credit unions by providing advisory services aimed at enhancing:
- CUSO investment and capital strategies
- Governance policies and practices
- Growth strategies
- Strategic plan reengineering
The newly elected officers are Chairperson Rob Bava (Community Choice CU), Vice Chairperson Heather Luciani (Honor CU), and Secretary/Treasurer Derrick Barber (TeamOne CU).
Credit union industry veteran Dave Adams will serve as President/CEO of the new support CUSO. Adams retired from MCUL & Affiliates and CUSG in 2024 after a distinguished 40-year career emphasizing successful investment in and management of numerous CUSOs and related businesses.
"CUSO Edge owners have a vision for sharing resources to support both their existing and future CUSO investments," said Adams. "Importantly, they are eager to share this collaborative model with credit unions in Michigan and across the country. I’m excited to join the team and see significant opportunities ahead."
Leveraging the founding members' existing CUSO investments and future ventures, CUSO Edge plans to assist CUSOs and their owner credit unions nationwide with growth and performance strategies through a range of advisory services and value-added partnerships.
CUSO Edge Chair Rob Bava commented on the new venture: "The five founding credit unions are already invested in over a dozen successful businesses and are continually seeking more opportunities. CUSO Edge represents the next step in our collaborative journey, and we are thrilled to welcome Dave Adams as our CEO.”