Where CFOs Turn for Investment Advice

Credit union investments continue to expand to record levels, totaling approximately $175 billion as of March 31, 2002. This growth has been caused by double-digit share increases and slowing loan demand. Recently, credit union CFOs were asked to comment on their sources of investment advice. Broker/dealers are still viewed by a slight majority (51%) of credit union CFOs as the primary source of investment advice, followed by corporate credit unions (29%.)

 
 
Will higher investment levels at credit unions prompt changes to their sources of investment advice?
Credit union investments continue to expand to record levels, totaling approximately $175 billion as of March 31, 2002. This growth has been caused by double-digit share increases and slowing loan demand. Recently, credit union CFOs were asked to comment on their sources of investment advice. Broker/dealers are still viewed by a slight majority (51%) of credit union CFOs as the primary source of investment advice, followed by corporate credit unions (29%.)
 

 

 

June 3, 2002


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