The $930 million New England Federal Credit Union is the latest to sign on with broker-dealer and registered investment adviser CUSO Financial Services LP.

The Williston, Vt.-based credit union said while its investment program has been active for approximately 10 years, executives wanted to work with a broker dealer that better fit its culture. The cooperative said it reviewed six other broker dealers, and completed extensive due diligence on three before deciding on CFS.

 “We wanted a broker dealer that could create a member experience based on credibility, trust, and advice. CFS has already delivered on their promises and our investment program is beginning to serve members in the way we had always envisioned,” said Bill Smith, senior retail delivery executive at the credit union.

New England FCU's investment program is operated under the NEFCU Financial Group banner, and is a CFS managed program, meaning investment advisers are employed and managed by the CUSO, according to the firm. CFS said CFS program managers have already hired two financial advisers to serve the credit union's members.

The San Diego-based CFS said it now works with more than 150 credit unions.