Citing an effort to help credit unions boost non-interest income, CUNA Mutual Group announced Wednesday it will invest more than $25 million into its broker dealer service CUNA Brokerage Service, Inc. for additional staff, training and resources.

“Credit unions have told us one of their top needs is generating noninterest income, especially during times of tight margins,” Robert N. Trunzo, president/CEO of CUNA Mutual Group said. “Our $25 million investment in CBSI is one of the ways we are addressing those needs. We will better position CBSI to help credit unions enhance their investment services and deepen member relationships.”

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