This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

New England Federal Credit Union Switches To CUSO Financial Services, L.P.

SAN DIEGO, Dec. 4, 2012 /PRNewswire/ --  CUSO Financial Services, L.P. (CFS), a full-service broker dealer and SEC Registered Investment Adviser that provides customized investment and insurance solutions to credit unions, announces New England Federal Credit Union (NEFCU) as a new client. Operating out of six locations in northwestern Vermont, NEFCU is the largest credit union in the state. It is a community-based credit union, serving more than 85,000 members, and has more than $930 million in assets.


While the program has been active for approximately 10 years, executives wanted to work with a broker dealer that better fit the credit union's culture. NEFCU executives reviewed six other broker dealers, and completed extensive due diligence on three before deciding on CFS.

"CFS understands the credit union business," said Bill Smith, NEFCU senior retail delivery executive. "NEFCU has a service-oriented culture that focuses on providing solutions to members. 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."

Smith also cited robust CFS technology platforms and the company's ability to provide tools to allow members to manage their investment and insurance needs easier. NEFCU has implemented CFS' Financial Management Center (FMC), a member-facing, investment assessment and referral tool accessible via NEFCU's website. Using the FMC, members can get a high level financial "snapshot" of where they stand in relation to the achievement of various investment objectives.

The investment program is operated under the NEFCU Financial Group banner, and is a CFS managed program, meaning investment advisors are employed and managed by CFS. CFS program managers have already hired two experienced financial advisors to serve NEFCU members. "NEFCU Executives have integrated their investment program as a core product of the credit union, and we recognize that as a real commitment to their members," said Valorie Seyfert, CFS president and CEO. "We see great potential at NEFCU and look forward to an excellent partnership."

Credit unions interested in learning more about CFS programs can call 1-800-686-4724 or visit  

About CUSO Financial Services, L.P.

Established in 1997, CUSO Financial Services, L.P. (Member FINRA/SIPC) is headquartered in San Diego and works with more than 150 credit unions across the country.  With branch offices located nationwide, CFS is a full-service broker/dealer and SEC Registered Investment Adviser offering customized investment and insurance solutions to credit unions. For more information, call 858-530-4400 or visit

SOURCE CUSO Financial Services, L.P.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 -0.41%
FB $117.81 -0.21%
GOOG $701.43 0.82%
TSLA $211.53 -4.96%
YHOO $36.94 2.61%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs