L.A. Firemen's CU Aligns with CUSO Financial for Investment, Insurance Services
SAN DIEGO - Members of L.A. Firemen's Credit Union will now have access to investment and insurance services through an alliance with CUSO Financial Services, LP, a brokerage and registered advisory firm. Through its recently launched FIREHOUSE Financial, the credit union will offer the services to its 20,000 members. Mike Mastro, president/CEO of L.A. Firemen's CU said the partnership's goal "is to be the one-stop shop for our members." "We expect to meet their increasingly complex needs and position our credit union to generate significant new sources of non-interest income," Mastro said. "That will enable us to face the challenge of reduced interest margins due to competitive pressures." The credit union has $610 million in assets. CFS has more than 80 credit union partners nationwide.