Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
First Carolina Corporate expects record brokerage year
GREENSBORO, N.C. (11/14/12)--First Carolina Corporate CU, Greensboro, N.C., expects a record-breaking performance from its brokerage program after partnering with Protective Securities earlier this year.

The corporate has trades of nearly $200 million in securities through October.

The partnership has provided First Carolina access to a wider selection of securities and allowed it to be more price competitive, the corporate credit union said.

The brokerage relationship has allowed the corporate to grow its accounts and add staff to handle increased business, said Fred Eisel, senior vice president/chief investment officer of First Carolina and a registered Protective Securities representative,

"Protective Securities has an online Advisor Portal, which makes areas such as trading, compliance training, settlements and commission statements very efficient," he said. "Members like the wide variety of bonds, and due diligence is easier for them. It's a large, extremely well capitalized firm backed by a large parent company, Protective Life."


RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
4 hours ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
6 hours ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
7 hours ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
8 hours ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
8 hours ago