DULUTH, Ga. -- Georgia Central Credit Union is celebrating a new milestone--reaching over $2 billion in assets in February. Chief Investment Officer Cory Johnston explained that Georgia Central attributes its record assets to several events: normal liquidity inflows, increased deposit activity at credit unions due to a slowing economy and Georgia Central's successful campaign to grow market share by focusing on its members.
"Georgia Central offers its members a highly consultative relationship that include investment decision making tools and analysis as well as a full suite of investment products," said Johnston. While the balance sheet crested at $2 billion, Georgia Central simultaneously achieved record volumes in off-balance sheet investment vehicles as well, including SimpliCD, a brokered certificate of deposit program and brokered marketable security sales through CU Investment Solutions, Inc. "We also owe our success to the energy and enthusiasm our staff brings to the office every day and the ongoing support of our member credit unions," Johnston added.
