CUSO Financial Services, LP Makes Record Profit Distribution to Credit Union Limited Partners.

SAN DIEGO -- CUSO Financial Services, LP, (CFS) a full-service broker dealer and registered investment adviser that provides customized investment and insurance solutions exclusively to the credit union industry, announced today that a record $4 million of its $6 million 2006 net income was distributed to credit union limited partners on March 2.

CFS, founded in 1997, is a limited partnership that shares ownership with many of the 100+ credit unions with which it works through the sale of limited partnership units. CFS has seen both its revenue and profits increase consistently since inception and dramatically so over the past four years. As an example of this solid performance by a company whose star continues to rise, CFS' annual revenue increased from $47 million in 2003 to $79 million in 2006 while net profits jumped from $1.7 million in 2003 to $6 million in 2006. Partnership distributions have risen from a $750,000 share of '03 profits to a $4 million allocation of 2006 net income. This increase in distributions represents a 68 percent annual growth rate.

The strong performance in 2006 can be attributed to the credit unions' continued adoption of the "keystone components" that CFS has advocated for several years. Keystone components are the best practices that CFS sees as being common to the most successful credit union investment programs.

"The focus for our programs during the past year was on taking the fundamental keystone concepts of awareness, integration and credibility to the next level and further refining them to create additional opportunities for growth and success," said Valorie Seyfert, president and CEO of CFS.

"Based on the positive results, it appears we have been successful in conveying the value and importance of committing to this approach. Since we began this business, we measured our success by our partners' success, so we have always strived to position them in ways that success becomes achievable. This distribution is validation that our approach is effective for all parties. CFS is looking forward to continuing to support its partners in 2007 as they continue to focus, commit and evolve," added Seyfert.

About CUSO Financial Services, LP

Established in 1996, CUSO Financial Services, LP (Member NASD/SIPC) is headquartered in San Diego and has more than 100 credit union users, including 26 of the top 100 credit unions in the country. With branch offices located nationwide, and more than 300 licensed representatives, CFS is a full-service brokerage firm and Registered Investment Advisor offering investment and insurance products to credit unions and their service organizations. For more information, call 858-530-4410 or visit www.cusonet.com.