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WesCorp offers CU investment tool

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SAN DIMAS, Calif. (9/8/10)--Western Corporate FCU (WesCorp) is offering a new tool, Investment Ladder Template, so credit unions can graphically view and plot their investment maturities. The interactive Web-based tool aims to help credit unions maximize their earnings potential by helping them recognize the maturity gaps in their investment strategies and the amount of idle funds in their market daily account. The tool allows credit unions to plug in potential investments to determine how to best achieve maximum yield and consistent cash flow, WesCorp said. The template captures a credit union’s fixed-rate bullet investments’ maturities and then presents them in a timeline or “ladder” view. The credit union can then identify holes in its cash flow ladders. The tool is available only through WesCorp’s Member Center, but is exportable and can be shared with other non-member center users at the credit union. WesCorp, San Dimas, Calif., provides services to more than 950 credit unions nationwide.