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WINDSOR, Conn. — For some credit unions, hiring more financial advisors and drumming more referrals may be the drivers to boosting their investment programs, which, not surprisingly, currently lag behind their bank counterparts.

Those are some of the findings from the just-released 2007 Kehrer-LIMRA Credit Union Brokerage Study sponsored by Essex National Securities Inc., a securities brokerage acquired by Addison Avenue Financial Partners in 2006. The CUSO is a subsidiary of $2 billion Addison Avenue Federal Credit Union. The second annual study included data from 51 credit unions ranging in size from $169 million in member deposits to $24 billion.

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