Ameriprise says it has lured a credit score union’s funding program from CUNA Brokerage Companies.

Virginia Credit score Union, which has over 310,000 members and 20 areas throughout Virginia, has opted to maneuver its funding program to Ameriprise Monetary Establishments Group and rebrand this system as VACU Funding Group, based on Ameriprise.

This system at present has 5 monetary advisors overseeing greater than $335 million however is looking for to broaden, Ameriprise says.

“Know-how has superior and there are extra capabilities we are able to deliver to our members to assist them join with their advisor and attain their objectives,” John Stone, govt vp of monetary companies for Virginia Credit score Union, stated within the announcement. “We determined to associate with Ameriprise Monetary to assist our rising footprint and supply the digital instruments essential to elevate the member expertise.”

This Spring, Ameriprise Monetary Establishments Group additionally picked up a Texas financial institution’s funding program that was beforehand with rival LPL Monetary.

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