SAN DIEGO — CUSO Financial Services, LP has expanded its new investment consortium program for small credit unions to CU Partner Solutions, LLC, a CUSO serving several Michigan credit unions.
CFS developed an online model to give the credit unions' members access to a web-based, "do-it-yourself" service that includes educational information and the ability to manage investments at lowered cost.
Among the first to take advantage of the offering is a partnership of seven credit unions in Michigan through the CU Partner Solutions LLC, which serves Affinity Group CU, Clawson Community CU, Crestwood Community CU, Kensington Valley Community CU, ROME CU, Unity CU and Birmingham-Bloomfield CU.
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"We believe it's important for our credit unions to provide members a means of planning for the future in whatever form is easy for them," said Thomas Miller, chairman of CU Partner Solutions and CEO of Affinity Group CU.
Michigan joins several Georgia credit unions that are currently working to bring investment services to members through CFS consortium program.
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