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Alaska USA, CUNA Brokerage Form Investment Pact

The nearly 450,000 members of Alaska USA Federal Credit Union will have access to CUNA Brokerage Services Inc.’s investment services program.

The new offering will complement Alaska USA’s existing range of services including Alaska USA Trust Company and Alaska USA Insurance Brokers, according to CBSI.

Bill Eckhardt, president/CEO of the $4.9 billion Alaska USA, said the CBSI business model works well with the credit union’s service delivery strategy that includes electronic access and an extensive network of branches and financial centers.

An affiliate of CUNA Mutual Group, CBSI said it serves more than 250 credit union programs, has 400 active advisers, with more than $2.3 billion in mutual fund, annuity and managed account sales, and over $136 million in annual revenue.

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