Watertown, N.Y., credit union goes with INVEST Financial Corp.
Treasure State to be merged into Kansas Corporate effective Jan. 1, NCUA says.
Short Duration Fund will be aimed at natural person credit unions and managed by Corporate America CUSO.
While credit unions weathered the recession better than large banks, they are searching for new sources of revenue to counterbalance slow loan business and potential losses on the debit card side resulting from the interchange fee cap.
Corporate One Federal Credit Union has begun offering investment products and other securities-related services from Pleasant Ridge, Mich.-based broker-dealer Multi-Bank Securities Inc.