Corporate One Federal Credit Union has begun offering investment products and other securities-related services from Pleasant Ridge, Mich.-based broker-dealer Multi-Bank Securities Inc.
"Valuable investment solutions are critical to our members' success," said Lee Butke, president/CEO of Corporate One. "Multi-Bank has been a trusted provider to credit unions for 25 years, and their expertise combined with Corporate One's trained and licensed staff will create a powerful partnership that will help our members succeed."
Multi-Bank Securities has served more than 2,500 credit unions since 1985, according to a release. It offers a wide range of fixed-income securities, federally insured CD portfolio insurance analysis, BondEdge portfolio analysis reports at no cost, portfolio accounting services through SunGard and prime brokerage accounts.
The firm also offers real time account management online and developed its own proprietary Web platform that allows customers the ability to invest in negotiable CDs online.
"Aligning with Corporate One, a financially well-positioned corporate credit union, brings together two very strong players in this market," said David T. Maccagnone, CEO of Multi-Bank Securities.