The New Jersey Credit Union Foundation recently announced a new partnership with Corporate One as an option for New Jersey credit unions to invest in the Community Investment Fund (CIF).
Due to the uncertainty of the future of US Central, the new Corporate One CIF option offers credit unions the ability to choose products such as callable and bullet U.S. Government agency securities, as well as negotiable certificates of deposit (CDs). NO capital is required on the part of the credit union and Corporate One membership is NOT required to invest.
To learn more, download the informational brochure here.
The Foundation recently hosted a webinar that reviewed this new option. The presentation can be downloaded here.
Information on Corporate One's rates can be found by visiting http://www.corporateone.coop/investments/rates.aspx.
To speak with someone regarding the Corporate One CIF option or to ask questions, please call 800-366-2677.