The nationally chartered and credit union-owned MEMBERS Trust Co.’s exchange traded fund models are now listed with Morningstar.
The Tampa, Fla.-based trust company’s ETF Portfolio Advantage…Know the Fiduciary Difference models are listed in Morningstar in the United States ETF Managed Portfolios and United States Separate Accounts/CITs sections under Members Trust, the firm said.
Morningstar is recognized by investment professionals and consumers as a source for investment research and performance data.
In 2004, MEMBERS Trust said it was one of the first trust companies in the nation to recognize the ETF model.
In 2008, the company was the only credit union entity to earn a spot in Barclays Global Investors iShares' inaugural ETF Managed Solutions Guide for its innovation with ETFs.
MEMBERS Trust said it manages more than $900 million in assets for members and private clients nationwide. Chartered initially as a state chartered trust company in 1987 by the $5.1 billion Suncoast Schools Federal Credit Union in Tampa, it converted to a special purpose federal savings bank in 2003.
