Stanford, Local Government FCUs Join ShareBuilder

BELLEVUE, Wash. – Two more credit unions – $635 million Stanford FCU in California and North Carolina’s $580 million Local Government FCU – have partnered with ShareBuilder Securities Services. ShareBuilder (www.sharebuilder.com) is an online brokerage that requires no account minimums and individual transactions of as little as $4 per investment. The company now has more than 1.3 million customers and more than 150 credit unions among its partners, providing credit union members with low-cost entry into regular investment programs. Sharebuilder’s largest credit union relationship is with the nation’s second-largest CU, $12 billion State Employees Credit Union of North Carolina, which itself provides LGFCU with shared branching, core processing and other infrastructure and member services in a unique relationship.