CUSO Corner: July 2026
The ModernFi CUSO network continues to grow, now serving 146 credit unions across 41 states. In Q2, ModernFi CUSO added 1 new credit union each week to the network. The CUSO Corner is our regular briefing on what’s happening across the network: network snapshots, regulatory developments, success stories from partner credit unions, and the strategies shaping how credit unions compete for deposits. We look forward to welcoming additional credit unions into the network and featuring their work here in future editions.
Member Spotlight
New Success Stories
Network at a Glance
A snapshot of the ModernFi CUSO network across 41 states.
About ModernFi CUSO
ModernFi CUSO is a credit union service organization built to help federally insured credit unions grow deposits, serve members with larger balances, and access reciprocal deposit networks that were previously unavailable to the credit union community. Working alongside credit unions as a partner, ModernFi CUSO helps institutions ranging from $18 million to $19 billion in total assets compete for business deposits, retain public entity funds, and deliver expanded coverage options to their members. Credit unions working with ModernFi CUSO span the country, serving members across communities of all sizes and asset ranges.
Insurance provided through program credit unions (subject to certain conditions). ModernFi, Inc., ModernFi Deposit Services LLC, and ModernFi CUSO LLC are not NCUA-insured credit unions. Deposit insurance covers the failure of an insured credit union, not ModernFi or ModernFi CUSO. Deposits are placed at insured network institutions and are eligible for pass-through insurance up to $250,000 per institution. Certain conditions must be satisfied for pass-through NCUA deposit insurance coverage to apply. A list of participating credit unions appears at https://www.modernfi.com/credit-union-list.
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