Search
 

Phoenix CU Touts Membership in FHLB

PHOENIX -- The $1.1 billion Arizona State Credit Union said this week it is getting a payoff on liquidity and balance sheet management plus winning development grants by being a member of the Federal Home Loan Bank of San Francisco.

By Jim Rubenstein | Updated on May 01, 2008

PHOENIX — The $1.1 billion Arizona State Credit Union said this week it is getting a payoff on liquidity and balance sheet management plus winning development grants by being a member of the Federal Home Loan Bank of San Francisco.

“As we grow our loan portfolio and our loan-to-deposit ratio increases, accessing bank advances enables us to add efficiency and profitability to our organization,” explained David Doss, president/CEO in outlining advantages as a “strategic partner” of the thrift agency.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.