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MBS becomes gold sponsor of CSS VendorTrack program

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MADISON, Wis. (6/21/10)--Multi-Bank Securities (MBS), an institutional broker/dealer, has become a gold sponsor of CUNA Strategic Services’ VendorTrack program. MBS provides credit unions with investment products and services, and offers broad market visibility to buyers and sellers of share certificates. MBS’ online platform has real-time access to market information so customers can generate portfolio balances, accruals and activity reports. Credit unions can review their current portfolio’s National Credit Union Administration CD Insurance Analysis report online. MBS’ prime brokerage accounts allow credit unions to consolidate and monitor their purchases. It also offers premier online portfolio accounting by SunGard, another CUNA Strategic Service provider. MBS features no-cost services such as CMS BondEdge Portfolio Analysis, free safekeeping at Pershing LLC and no online trading fees. “MBS is committed to helping credit unions by giving them the tools they need to make informed and appropriate business decisions,” said Dave Maccagnone, MBS CEO. “VendorTrack is a great way for credit unions to research potential suppliers, as well as track relevant information regarding their vendor relationships.”