After looking at two other broker-dealers, Apple Federal Credit Union said it has moved its investment and wealth management program to CUSO Financial Services LP.
Apple Financial Services LLC, a wholly owned subsidiary of the $1.7 billion credit union in Fairfax, Va., has implemented several CFS add-on modules for the investment program, including a home banking integration tool that incorporates brokerage assets into the online banking platform with single sign-on access, according to CFS.
The investment subsidiary has also implemented CFS’ self-directed online brokerage platform and a financial planning tool.
In place for 14 years, Apple Financial Services has three financial advisers and a sales assistant led by Vice President and Program Manager George Dusek, who worked with CFS Regional Program Development Manager Stephanie Cox to implement the changes to the credit union’s investment program.
Apple FCU serves 158,000 members.
Broker-dealer and registered investment adviser CFS in San Diego said it now works with more than 150 credit unions nationwide.