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
Goodwill Industries latest to report data security breach http://t.co/gIaXNsT4Bk
9 hours ago
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine: http://t.co/tW1p9rTSSv
11 hours ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
11 hours ago
Children in foster care face higher risk of identity theft via @NBCNews http://t.co/Dif0hCfBdA
11 hours ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank http://t.co/h2O8O4TxuD
12 hours ago