WASHINGTON — The National Investment Fund for Credit Unions has partnered with NAFCU to host a free, online Webcast titled "Best Practices for Investment Diversification."

A Preferred Partner of NAFCU Services Corp., NIFCU$ is a cash management tool for excess overnight funds that was designed in 1975 specifically for credit unions. In the 15-minute presentation, NIFCU$ Vice President for Business Development Mike Philbin defines diversification, discusses why it is important and reviews the role of the investment policy statement, in addition to presenting best practices.

The Webcast and presentation are located online at http://www.nafcu.org/nifcus.

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