WASHINGTON–Trust for Credit Unions (TCU) and its new investment advisor, ALM First Financial Advisors, LLC (ALM First), reported they are providing current and prospective TCU investors with expanded resources to help them remain up-to-date on the latest market trends.
"ALM First produces a monthly market commentary designed specifically for financial institutions and TCU has been making this new, more in-depth resource available to current and potential investors," the companies said.
In addition, quarterly investor webinars are being held to review the latest market trends and discuss TCU portfolio performance in more detail. ALM First’s expertise is also being incorporated into Callahan & Associates’ quarterly Trendwatch webinars, which are provided on a complimentary basis to benefit the entire industry.
The companies said ALM First has a long history of partnering with credit unions and is committed to serving the industry. ALM First has approximately $20 billion of assets under management and more than 250 financial institution clients.
“TCU has started a new chapter with ALM First as our investment advisor,” said Jay Johnson, President of TCU. “We’re excited about the future opportunities that lie ahead in serving the credit union industry’s investment needs. The expanded resources are just the first step in our evolving model.”
TCU helps credit unions succeed in serving their members by providing a professionally managed family of mutual funds --- exclusive to credit unions --- as well as the information and analysis they need to support investment decisions. Created by leading credit unions and with oversight by a board of trustees, TCU’s mutual fund options keep credit unions invested, are professionally managed, and are based on the cooperative values of credit unions, the organizations said.