CUSO Financial Services, LP (CFS*), a full-service brokerage firm and registered financial advisor that provides investment and insurance services exclusively to the credit union industry, announced that it will act as broker dealer for Spokane Federal Credit Union’s new investment program.
Established in 1996, LP (CFS*), is an SEC Registered Investment Advisor with deep experience in meeting the investment and insurance needs of credit union members. CFS has relationships with nearly 200 credit unions across the U.S., including 25 of the nation’s 100 top performing credit unions in terms of assets.
In making the decision to select CFS, Spokane Federal Credit Union CEO, Susan Blain, was drawn to the company’s strong focus on technology and the excellent reputation the organization enjoys within the credit union community.
“CFS maintains a user-friendly software system, enabling us to run a variety of reports that will allow us to manage our program in a timely and consistent manner,” Blain explained. Spokane Federal Credit Union chose the broker-dealer based on positive feedback from other existing CFS partners, who spoke highly about their personalized and family-like relationships with CFS, and their focus on quality of service.
“We are impressed with the depth of information CFS makes available to our CFS* financial representative,” Blain said. “As a result, our members will be better educated financially and thus better able to achieve their financial goals. Our goal is to be the one-stop shop for our members,” Blain said.
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. For more information, please call 858-530-4410 or visit them online at www.cusonet.com. Member NASD/SIPC.