Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
ALM First growth reflects shift in managing balance sheets
DALLAS (8/17/09)--ALM First Financial Advisors grew its client base during the first half of this year by signing 13 new credit unions. The credit union advisory firm now exceeds $10 billion in funds under advisement. The growth reflects the shift among credit unions to seek additional expertise in investment and balance sheet management, according to Angela Calvert, ALM First partner. “Today’s economy has raised awareness of the value in having more sophisticated modeling and direction in the areas of investment and asset liability management,” Calvert said. “There is a common feeling of uncertainty among credit union investors about relying on old methods of security valuations, and the overwhelming theme is more expertise is needed.” New ALM clients include:
* Achieva CU, Largo, Fla.; * California Coast CU, San Diego; * Campus USA CU, Gainesville, Fla.; * CP FCU, Jackson, Mich.; * McGraw Hill Employees FCU, East Windsor, N.J.; * MidSouth FCU, Macon, Ga.; * NuVision CU, Huntington Beach, Calif.; * Operating Engineers Local Union #3 CU, Livermore, Calif.; * Oregon Community CU, Eugene, Ore.; * Premier America CU, Chatsworth, Calif.; * Premier Members FCU, Boulder, Colo.; * Space Coast CU, Melbourne, Fla.; and * Union Square FCU, Wichita Falls, Kan.


RSS print
News Now LiveWire
St. Louis treasurer taps #creditunion to serve unbanked #NewsNow http://t.co/lWtcezJOej
12 hours ago
.@CUNAMutualGroup has committed $35K to @trustdotcoop over the next year to suppor the future of #creditunions.
13 hours ago
.@madison_mag gets the cooperative scoop from @SummitDoMore's @kimsponem http://t.co/RxSCeSegie
14 hours ago
.@VantageWestCU emeritus chairman Whittaker inducted into @DCUC_HQ Hall of Fame http://t.co/dpeP4ME49U
15 hours ago
Australian newspaper covers Gen Y tips from @ServusCU at @WOCCU conference http://t.co/xqmLfZVwaI
16 hours ago