The $1.7 billion First Carolina Corporate Credit Union said Tuesday it isexpecting a record-breaking year for its brokerage business,trading almost $200 million in securities so far this year through Oct. 31.
The Greensboro, N.C.-based corporate credits its relatively newpartnership with Protective Securities, which launched in early2012, and provided First Carolina with access to a much wider arrayof products, including municipal and SBA bonds.
Fred Eisel, First Carolina's senior vice president and chiefinvestment officer and a registered Protective Securitiesrepresentative, said the Birmingham, Ala.-based brokerage firm'sonline Advisor Portal makes areas such as trading, compliancetraining, settlements and commission statements very efficient.
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