ARLINGTON, Va. - NAFCU Services Corp. has added Pentegra Retirement Services to its list of Preferred Partners to offer credit union members qualified retirement plans such as 401(k) plans and other defined benefit plans. The White Plains, N.Y.-based Pentegra manages more than $3 billion in qualified plan assets and offers a number of retirement plans including defined benefit, defined contribution and non-qualified deferred benefit plans. Pentegra also offers a defined contribution plan structure that is similar in composition to the Federal Employees Thrift Plan, the company said. NAFCU Services said it conducts "extensive research before identifying a firm that provides outstanding value to our members." It chose Pentegra "against many competitors, including some of the leading names in the deferred benefits business." This is one of the first partnerships formed under newly-named NAFCU Services Corp. President David Frankil, who took the helm July 6.
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the "Reprints" link at the top of any article.
From the July-19, 2006 issue of Credit Union Times Magazine • Subscribe!
NAFCU Services Corp., Pentegra Partner in Retirement Plan Alliance
Want the latest credit union news?
Sign up for our free newsletter today! All the breaking credit union news and information you need to make the right decision for your credit union delivered to your inbox. For free!
Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!
Comments
Resource Center
View All »
Winning the War on Cybercrime: The Four Keys to Holistic...
This white paper examines the importance of adapting to changes in fraud attacks without significant...
FFIEC Proposed Guidance on Social Media and How it Affects...
To learn how you and your institution can stay compliant with the new proposed FFIEC...
The Rise of "Mobile Commerce" and How it Affects YOU!
Could plastic cards become a thing of the past? This white paper explains what constitutes...
Key Indicators of High Performing Credit Unions
Get a complimentary demo of our loan portfolio analytics and access to the white paper,...
