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Southwest Corporate enhances investment site

DALLAS - The $5.6 billion Southwest Corporate FCU here has announced that it has enhanced the site (www.swcorpinvest.com) of its wholly-owned subsidiary, Southwest Corporate Investment Services. According to Southwest Corporate, the new site provides economic "commentary" to help CU leaders gauge the economy. It also provides up-to-date information on rates...

By Staff Writer | Updated on June 05, 2001

DALLAS – The $5.6 billion Southwest Corporate FCU here has announced that it has enhanced the site (www.swcorpinvest.com) of its wholly-owned subsidiary, Southwest Corporate Investment Services. According to Southwest Corporate, the new site provides economic “commentary” to help CU leaders gauge the economy. It also provides up-to-date information on rates and investment specials. “The Fed is using communication to help drive the economy in a certain direction. We are using communication to help credit unions respond to which ever direction the economy turns,” said Bruce Fox, SVP of Asset/Liability Management for Southwest Corporate. Fox says in today’s world, economic stats are more coveted than sports box scores. “I see a big change in the way people look at economics. Forty years ago, folks might have been more interested in baseball and how the home team was doing. But today, with its expansion teams and free agency and salary caps, baseball has become more complicated, while the economy and stock market movement has grabbed the headlines and people’s daily interest,” said Fox. [email protected]

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