Growth for North Carolina’s State Employees’ Credit Union’s investment services subsidiary has come at a slow and steady pace. And that’s what the cooperative wants.
At Visions Federal Credit Union, the face of wealth has taken on different and nontraditional features.
In a case involving an alleged failed real estate transaction through a defunct credit union broker-dealer, LPL Financial Corp., the company that acquired the firm, said it was dismissed from the claim.
On Feb. 21, a Financial Industry Regulatory Authority panel will hear the matter between SECU Brokerage, LPL Financial Corp. an investment adviser and a trust that claims its deceased client suffered losses after an alleged failed real estate investment.
With the recent filing with the SEC for an initial public stock offering by LPL Financial Corp., it remains to be seen what impact, if any, the move will have on the company's more than 230 credit union clients.
It remains to be seen what impact, if any, the 230 credit unions served by LPL Financial Corp. will feel as the company recently filed with the SEC for an initial public stock offering.