PORTLAND, Ore. – Northwest Corporate Credit Union is the latest corporate to choose U.S Central's CU Investment Solutions, Inc. (ISI) for broker/dealer services. Using ISI, Northwest can now offer broker/dealer services to its member credit unions, filling a hole in Northwest's investment services menu. Many corporates are seeking to get into the broker/dealer side so they can become more of a one-stop shop for investments. "With one call members can access Northwest Corporate's investments, SimpliCD, safekeeping services, ALM services, and now also agency markets and other bonds that fit their investment needs," said Karen Levear, VP of Finance for the corporate. ISI serves credit unions only through its branch offices in corporate credit unions across the country. It currently has 13 corporates in its Corporate Agent program, in which a corporate employee serves as a NASD-registered representative for ISI to buy and sell securities to the corporate's members. ISI provides all broker/dealer support and back-office functions.
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