SEAL BEACH, Calif. (10/19/11)--Patelcorp, the marketing and insurance subsidiary of $3.6 billion Patelco CU, Pleasanton, Calif., will market SaveDaily’s mutual funds to other credit unions and financial service providers under a newly reached marketing agreement. The SaveDaily mutual fund platform is designed to eliminate the need for high initial invetstments and ongoing contributions to open accounts, so average savers can begin investing. “Patelco has previously helped to successfully launch Sharebuilder’s ETF 401(k) into the marketplace, and we believe SaveDaily has the right product at the right time for a majority of daily savers and investors,” said Mark Hoaglin, Patelcorp vice president of investment and insurance services. “Patelcorp is offering the SaveDaily platform to our customers today, and we believe that there will be a strong demand for this program.” Credit unions, banks and other financial service providers adopting the SaveDaily platform can offer mutual fund investing to their member/customers under their own brand. For a flat monthly charge, investors in mutual funds can have unlimited positions and unlimited changes without transaction fees.