Credit Union Service Organizations (CUSOs) 12 CFR Part 712

OMB 3133-0149

Part 712 of NCUA’s rules and regulations regulates the relationship between federally insured credit unions (FICUs) and credit union service organizations (CUSOs). The rule requires that FICUs enter into a written agreement with a CUSO (prior to investing in or loaning money to) which stipulates the CUSO will follow general accepted accounting principles (GAAP); prepare quarterly financial statements; grant NCUA access to the CUSO books and records, and annually report directly to NCUA via a CUSO registry.

The latest form for Credit Union Service Organizations (CUSOs) 12 CFR Part 712 expires 2022-02-28 and can be found here.

Latest Forms, Documents, and Supporting Material

Document Name
CUSO Reporting to NCUA - Expanded Information Form
CUSO Reporting to NCUA - Basic Information Form
FINAL_3133-0149_CUSO_Final Rule_110921.docx Supporting Statement A
FISCU SSA submit to NCUA
FISCU Written approval SSA
SSA Exemption
CUSO Reporting to NCUA - Expanded Information Form
CUSO Reporting to NCUA - Basic Information Form
Written Agreement
Obtaining Regulatory Approval
Obtaining Written Legal Opinion

All Historical Document Collections

202111-3133-001 Approved without change	Revision of a currently approved collection	2021-11-15
202103-3133-005 Comment filed on proposed rule and continue	Revision of a currently approved collection	2021-04-22
202103-3133-002 Approved without change	No material or nonsubstantive change to a currently approved collection	2021-03-17
201812-3133-002 Approved with change	Revision of a currently approved collection	2018-12-18
201510-3133-001 Approved without change	Revision of a currently approved collection	2015-10-13
201311-3133-008 Approved without change	Reinstatement without change of a previously approved collection	2013-11-22
200808-3133-001 Preapproved	Reinstatement with change of a previously approved collection	2008-08-21
200504-3133-001 Approved without change	Reinstatement with change of a previously approved collection	2005-04-28
199802-3133-001 Approved without change	Existing collection in use without an OMB Control Number	1998-02-04

OMB Details

Obtaining Written Legal Opinion

Federal Enterprise Architecture: Economic Development - Financial Sector Oversight