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CNBS' fee income so far this year already highest ever

OVERLAND PARK, Kansas - CNBS said fee income through its investment advisory service is already 7% higher as of Oct. 31 this year than for all of 2001, which was an annual record. CNBS President/CEO Brian Hague said for competitive reasons CNBS will not release actual dollar amount of fee...

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OVERLAND PARK, Kansas – CNBS said fee income through its investment advisory service is already 7% higher as of Oct. 31 this year than for all of 2001, which was an annual record. CNBS President/CEO Brian Hague said for competitive reasons CNBS will not release actual dollar amount of fee revenue. CNBS’ investment advisory service celebrated its tenth anniversary last year, and Hague said the record is indicative of credit unions’ need for professional portfolio management in the current environment. Hague also noted that client growth in 2002 is the second fastest in the company’s history.

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