A new survey of the nation’s 50 largest credit unions and banks shows consumers still skittish about parking their money in longer-term certificates of deposit.
Members who are tech savvy, highly mobile and rarely visit branches were those the $5.2 billion American Airlines Federal
Broker-dealer PrimeVest Financial Services has signed on the $5.2 billion American Airlines Federal Credit Union to provide investment and insurance solutions.
In 2005, the $5.2 billion American Airlines Federal Credit Union was one of the last large-asset credit unions to start a card program. Now the five year old program has topped $100 million in assets.
When Aaron Young was still in law school, he realized many people did not have financial access to the legal help they needed.