ONTARIO, Calif. (12/22/11)--QwickRate Inc, a new business partner of the California and Nevada Credit Union Leagues, offers a marketplace for non-brokered funding and investing for credit unions.
The Marietta, Ga.-based company will provide California/Nevada league-member credit union subscribers instant access to a nationwide listing of more than 3,000 pre-screened institutions so they can find the best certificate of deposit (CD) returns, the league said.
QwickRate offers alerts on CD maturity, rate and history of institutions. It also offers automated tools so credit unions can track investments, including those with third-party sources such as brokerage firms and corporate credit unions. Credit unions can also use the tools to determine which investment options are right for them.
In California, 139 credit unions subscribe to QwickRate. Overall, QwickRate has more than 1,300 credit unions and more than 2,000 community bank subscribers.