SAN DIEGO — By adding 32 new investment programs to its roster over the past year, credit union broker dealer CUSO Financial Services, LP reported 30% growth.

The credit unions, which total nearly $3.5 billion in assets and collectively serve 500,000 members, include 12 that moved their investment programs to CFS from other broker/dealers and 20 that have chosen CFS to help them start up investment programs, according to CFS.

The programs that have recently moved to CFS include USA FCU, Los Angeles FCU Sound CU, Norlarco CU, Nutmeg State FCU, Consumers CU, Midwest Financial CU, North Jersey FCU, E & A CU, Day Air CU and Point West CU.

“Credit unions are increasingly finding that comprehensive investment and financial planning support for members is required to help the credit unions' ability to retain not only their members' investment assets but also core assets, such as savings accounts and loans,” said Valorie Seyfert, president and CEO of CFS.

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