TUKWILA, Wash. – Four months after it filed a private placementmemorandum with its credit union and CUSO members, Prime AllianceSolutions issued stock to 12 credit unions and CUSOs that chose tobecome part owners in the wholly-owned CUSO of Boeing Employees CU.The company's newest investors include: City County CU, GTE FCU,Hiway FCU, Members Mortgage Inc., MacDill FCU, Midwest Financial,Orange County Teachers FCU, Patelco CU, Suffolk FCU, Suncoast FCU,CoastHills FCU, Visions FCU, and Wescom CU. BECU and Dexma, thefounders of Prime Alliance Solutions, are the company's firstshareholders. BECU retains about 53% ownership of the CUSO. Thefirst round of funding closed Dec. 22, 2003, but the privateplacement offer remains open until Dec. 31, 2004. “Closing thisfirst round of funding marks the beginning of a new era at PrimeAlliance Solutions, Inc.,” said President/CEO Joe Brancucci. WhenPrime Alliance announced the private placement memorandum inSeptember, Brancucci said the CUSO made the decision to “broadenthe alliance.” Prime Alliance serves 66 CUs – 31 of which are amongthe top 100 CU mortgage lenders – and CUSOs that represent about600 CUs nationwide. As a group they accounted for 20% of all creditunion mortgage volume in 2002, and approximately 12% of all CUmembers and assets.