Fidelity Investments. (Source: Shutterstock)
A Kansas City financial management CUSO announced Wednesday that it had forged a deal that allows its client credit unions to execute security transactions directly with Fidelity Capital Markets.
CU Capital Market Solutions' arrangement allows credit unions to eliminate brokerage fees on each transaction, reducing the cost of redeploying assets at a time credit unions are trying to offset the rising cost of interest on savings.
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