MINNEAPOLIS–(BUSINESS WIRE)–Virginia Credit score Union (VACU), which serves greater than 300,000 members out of 20 areas throughout Virginia, has moved its funding program to Ameriprise Monetary (NYSE: AMP) from CUNA Brokerage Companies. Virginia Credit score Union chosen the Ameriprise Monetary Establishments Group (AFIG) channel to offer an enhanced, digitally-enabled expertise for its members. To replicate its newly expanded providers, the credit score union has rebranded its funding program to VACU Funding Group (VACUIG).
The credit score union is seeking to additional increase its footprint and its funding program. VACUIG at present has 5 monetary advisors who handle greater than $335 million in brokerage property: Randolph Tate, Elnetta Burke, Karl Tweardy, James Collins, and Joel Marks. The VACUIG monetary advisors, along with Ameriprise, are dedicated to serving to its members create customized monetary plans and assist purchasers handle their investments to attain their monetary objectives. Shoppers have entry to the next providers:
- Customized recommendation and monetary plans which might be tailor-made to their particular person wants.
- Sturdy funding options to assist them obtain their monetary objectives.
- Digital capabilities that enable members to attach with their advisors the place and the way they need – face-to-face, on-line, video or cellphone conferences.
“The monetary advisors who serve VACU members have all the time been dedicated to offering top-notch service,” mentioned John Stone, Government Vice President of Monetary Companies for Virginia Credit score Union. “Know-how has superior and there are extra capabilities we will carry to our members to assist them join with their advisor and attain their objectives. We determined to companion with Ameriprise Monetary to help our rising footprint and supply the digital instruments essential to elevate the member expertise.”
“We’re honored to companion with Virginia Credit score Union and help their development with our highly effective recommendation providing to their members,” mentioned Jay McAnelly, Group Vice President, AFIG. “At Ameriprise, we assist advisors ship a best-in-class, referrable expertise to purchasers by means of industry-leading know-how and a strong funding platform. Our experience coupled with the staff’s robust model domestically is already offering what members want to speculate and really feel assured amid the present risky market setting.”
With greater than 25 years1 serving the funding program wants of native banks and credit score unions, Ameriprise Monetary Establishments Group brings a depth of understanding, expertise, and data to the monetary establishment house – serving to ship worth for purchasers/members whereas driving income for the affiliated establishment. To seek out out why skilled monetary advisors and establishments are becoming a member of Ameriprise, go to ameriprise.com/why.
About Virginia Credit score Union
A monetary cooperative serving over 310,000 members, Virginia Credit score Union presents quite a lot of reasonably priced banking providers, loans, mortgages, and free monetary schooling sources, with a concentrate on serving to individuals be extra assured with their funds. Virginia Credit score Union is an equal housing alternative lender and is federally insured by NCUA. For extra data, go to www.vacu.org.
About Ameriprise Monetary
At Ameriprise Monetary, now we have been serving to individuals really feel assured about their monetary future for greater than 125 years. With in depth advisory, asset administration and insurance coverage capabilities and a nationwide community of roughly 10,000 monetary advisors2, now we have the energy and experience to serve the total vary of particular person and institutional traders’ monetary wants.
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Not FDIC or NCUA Insured |
No Monetary Establishment Assure |
Might Lose Worth |
Ameriprise Monetary can not assure future monetary outcomes.
Ameriprise Monetary and the monetary establishment are usually not affiliated.
VACU Funding Group is a monetary advisory observe of Ameriprise Monetary Companies, LLC.
Funding advisory services and products are made obtainable by means of Ameriprise Monetary Companies, LLC, a registered funding adviser.
Securities supplied by Ameriprise Monetary Companies, LLC. Member FINRA and SIPC.
Ameriprise Monetary and the monetary establishment are usually not affiliated.
Ameriprise Monetary Companies, LLC is an Equal Alternative Employer.
© 2022 Ameriprise Monetary, Inc. All rights reserved.
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1 Funding Professionals, Inc (IPI) was based in 1992 and specialised within the on-site supply of funding applications for monetary establishments. Ameriprise Monetary, Inc. acquired IPI in 2017, bringing collectively the years of expertise of the 2 organizations.
2 Ameriprise Monetary Q1 2022 Earnings Launch.
