PHOENIX — A robust 2007 for Credit Union Financial Network has set the stage for the investments, trust services and insurance CUSO to expand even further in 2008.
CUFN, which will mark its third anniversary in January, recently signed on four more credit unions–Canyon State CU, Tempe Schools CU, Piedmont FCU and Pyramid CU–for a total of 12 clients. Five staffers and 18 financial advisors now serve members at Arizona credit unions. The CUSO is taking a controlled approach to growing and is coming off a 65% growth rate in 2006 and an expected 100% rate this year, said Mike Prior, president/CEO of CUFN.
"We've had amazing growth. We made a concerted effort to slow down," Prior said. "We were so busy; we waited 10 months before adding the last two credit unions."
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