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News Now

CU System
SECU investment CUSO exceeds 100M
RALEIGH, N.C. (7/18/11)--Credit Union Investment Services (CUIS), an investment service organization of State Employees’ CU (SECU), Raleigh, N.C., has exceeded $100 million in assets. With 230 non-commissioned, multi-licensed representatives statewide, CUIS focuses on the average credit union member. Most members made initial investments of $1,000, the previous minimum required to open an account with CUIS, according to $22 billion asset SECU. CUIS recently made a move to accommodate more investors by lowering the initial investment amount to $250. All CUIS representatives are salaried and receive no commission. Representatives advise investors based on the member’s objective, time horizon, risk tolerance and overall financial condition.


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