Corporate Investment Services Inc., a wholly owned CUSOsubsidiary of Corporate America Credit Union, and Multi-Bank Securities Inc. have come together to provideinvestment products and additional securities-related services tocredit unions.

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Through the new alliance, Corporate Investment Services said itscustomers can now take advantage of free safekeeping through anindependent third party, free portfolio analysis reports throughBondEdge, and access to a portfolio accounting tool called SunGard,as well as an expanded lineup of fixed-income investment productsfrom MBS.

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The CUSO said it will also be able to offer MBS' eConnectDirectto its credit union customers.

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Based in Irondale, Ala., the $2.8 billion Corporate Americaserves more than 500 credit unions. Headquartered in Southfield,Mich., MBS said it is an independent, fixed-income securitiesbroker-dealer that has been serving institutional investorsnationwide for more than 25 years. The company has additionaloffices in Fort Lauderdale, Fla., Newport Beach, Calif., andColumbus, Ohio.

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