PLANO, Texas — Southwest Corporate Federal Credit Union hit anew record asset level of $13 billion in March.

The corporate cited its special share certificate program forpart of its success. During the first quarter, it created more thanthree dozen share certificates attracting $614 million in newinvestments. “Credit unions that watch our offering history can seethat we consistently pay 10-25 basis points more than comparableagencies,” said Cynthia Shi, director of Southwest Corporate'sFunds Department.

Three certificates drew $60 million in early March. Anothercustomized special certificate, created in mid-March, attracted$105 million from 60 credit unions. In 2006, Southwest created 110specially structured certificates that brought in more than $1billion, helping its share certificate portfolio reach $5billion.

Southwest Corporate alerts credit unions when new structures areavailable–called the Special Certificate Notification List. Formore information, e-mail [email protected] or call a certificatespecialist at (800) 442-5763, extension 7853.

Southwest, serving nearly 1,300 credit unions in 41 states,recently announced plans to acquire $1 billion Northwest Corporatein Oregon.