SAN DIEGO — Ask any of the principals affiliated with XCU Capital Corp., a credit union homegrown broker-dealer and investment advisory firm, for the factors that led to its demise and most agree on one reality: lack of scope and resources to compete.

After a 20-year run, XCU Capital slipped under the radar and into obscurity when in August 2007 it was acquired for $3.62 million by LPL Financial Corp., an independent broker-dealer giant with more than 800 clients and $235 billion in assets under management (CU Times, May 7, 2008). All but one of its 24 credit unions made the transition over to LPL convinced that aligning with the investment conglomerate would not only bring more technology, products and services but a proven track record of serving the movement with a current roster of more than 200 credit union clients.

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

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

  • Critical 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 and

Already have an account?


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 and

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

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