Florida Broker-Dealer Expands CU Roster
Three more credit unions have signed on with broker-dealer INVEST Financial Corp.
The newest clients are the $929 million Commonwealth Credit Union in Frankfort, Ky., $786 million L&N Federal Credit Union in Louisville, Ky., and the $324 million Glendale Area Schools Federal Credit Union in Glendale, Calif.
The Tampa, Fla.-based INVEST said it serves more than 150 banks and credit unions. The firm is a subsidiary of National Planning Holdings, an independent broker-dealer.
INVEST President/CEO Steve Dowden said the broker-dealer will continue to expand its footprint in the credit union space.