San Francisco Fire Credit Union has moved its broker-dealer program to CUSO Financial Services LP. The $632 million credit union reviewed three broker-dealers before switching from a major industry provider to CFS, according to the San Diego-based CUSO. CFS will provide compliance oversight and operations administration, trading services, program management and dataVISION, a proprietary Web-based, online support platform for advisers. “Our credit union believes that all of our members deserve the same high level of service no matter how much money they have to invest, and we found that CFS has the same attitude about its customers and their members,” said Darren Herrmann, senior vice president of member experience. San Francisco Fire CU has had an investment program in place since 2000, CFS said. Formed in 1951, the cooperative has more than 24,800 members and serves San Francisco, Marin and San Mateo counties and the California State Firefighters Association.

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?

Peter Westerman


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.