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ALBANY, N.Y. – The $5.2 billion Empire Corporate said it is increasing its investment in the National Credit Union Foundation’s Community Investment Fund to $10 million. It was previously $500,000. The $10 million investment will be divided among the four states Empire has branch offices – New Jersey, South Dakota, Rhode Island and New York. In other news, Empire and its wholly-owned broker/dealer MemberTrade Financial Group launched a new CD product, CD Solutions. CD Solutions is designed to save CUs time by gathering CD rates offered by federally insured banks nationally and providing it to credit unions to choose from. Once authorized, Empire will place the CD with the issuing institution on the credit union’s behalf. No terms or conditions are altered and the credit union receives the full value offered by the participating bank.

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