BISA Recognizes PSECU with Award of Excellence for Program of the Year Among Community-based Institutions, Only Third Credit Union to Ever Win.- All three credit union winners served by CUSO CUSO Credit Union Service Organization CUSO Canadian University Services Overseas CUSO Canadian University Services Organization CUSO Carson United Soccer Organization Financial Services, LP - SAN DIEGO -- CUSO Financial Services, LP, (CFS CFS abbr. chronic fatigue syndrome CFS, n.pr See syndrome, chronic fatigue. CFS Chronic fatigue syndrome, see there ) a full-service broker Full-Service Broker A broker that provides a large variety of services to its clients, including research and advice, retirement planning, tax tips, and much more. Of course, this all comes at a price, as commissions at full-service brokerages are much higher than those at discount dealer and Registered Investment Adviser that provides customized investment and insurance solutions to credit unions, announced today that its investment program at PSECU PSECU Pennsylvania State Employee's Credit Union PSECU Parma School Employees Credit Union has been honored with the Award of Excellence for Program of the Year among Community-based Financial Institutions by BISA BISA British International Studies Association BISA British International Spa Association (UK) BISA Battlefield Information System Application (Defence Digitisation, UK) , the Bank Insurance & Securities Association. PSECU is only the third credit union to win in the seven year history of the BISA awards; all three winning credit unions were CFS programs at the time the awards were granted. The Award of Excellence for Program of the Year is awarded to a bank or credit union securities, insurance or investment program that exemplifies industry excellence. Awards are given in three categories: Large National and Regional Institutions, Regional Institutions and Community-based Financial Institutions. BISA's Board of Directors, as judges, review nominations for the programs and make the final selection based on leadership within peer groups and the industry as a whole. Program superiority is assessed on the criteria of productivity, marketing initiatives, integration initiatives, product innovation, technology initiatives, and education or compliance initiatives. "We are extremely proud of everyone involved with the investment program at PSECU, including credit union senior management, their investment program manager Steve Franke, and his entire investment advisory team," said Valorie Seyfert, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CUSO Financial Services, L.P. "Since joining CFS in 2002, they have focused on making investment services a core offering of the credit union. As a result, they have changed the way that members and staff view the value of the program. Members now view PSECU's investment services group as a credible resource for planning and investment advice. At the same time, the program now makes a meaningful contribution to PSECU's non-interest income. Everyone has benefitted - members, staff and PSECU as an institution." The Bank Insurance & Securities Association (BISA) is the nation's leading trade association dedicated to serving the needs of those responsible for marketing securities, insurance and other investment and risk management products through commercial banks, trust companies, savings institutions, and credit unions. The membership includes financial institutions of all sizes, their broker/dealer, insurance, and mutual fund subsidiaries, and firms providing products and/or services to support these operations. PSECU is a not-for-profit financial institution that provides a full array of convenient, electronically delivered services at no or low cost. Chartered in 1933, PSECU serves more than 335,000 members and has over $2.9 billion in assets. All members of the following groups are eligible to join PSECU: state and local government employees; faculty, staff, students and alumni of the Universities within the State System of Higher Education and Harrisburg Area Community College HACC’s combined credit and noncredit programs serve approximately 60,000 persons annually as an increasing number of people turn to the College for personal and professional growth opportunities. ; students, faculty and staff of Elizabethtown College; employees eligible for membership in the Public School Employees' Retirement System (PSERS PSERS Public School Employees' Retirement System ) or the State Employees' Retirement System (SERS SERS State Employees’ Retirement System (Commonwealth of Pennsylvania) SERS Surface-Enhanced Raman Spectroscopy SERS School Employees Retirement System SERS Science and Engineering Research Semester ); school districts; and members of approved associations and employee/occupational groups. Immediate family of PSECU members may also apply for membership. About CUSO Financial Services, LP Established in 1997, CUSO Financial Services, LP (Member FINRA/SIPC) is headquartered in San Diego and has more than 110 credit union users, including 25 of the top 100 credit unions in the country. With branch offices located nationwide, and more than 325 licensed representatives, CFS is a full-service broker/dealer and Registered Investment Advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in offering customized investment and insurance solutions to credit unions. For more information, call 858-530-4400 or visit www.cusonet.com. CFS offers back office services to other broker-dealers, including an offering through Sorrento Pacific Financial, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a broker-dealer offering services to community and regional banks throughout the country. |
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