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INVEST Financial Corporation® Signs Two New Financial Institutions

July 03, 2012
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Business Wire, Inc.

TAMPA, Fla.--(BUSINESS WIRE)-- INVEST Financial Corporation (INVEST) today announced it will provide brokerage and investment services for two new financial institutions. The recent additions to INVEST’s growing network include:

  • MidWest America Federal Credit Union, $490 million in assets (Fort Wayne, Indiana)
  • Lake State Federal Credit Union, $184 million in assets (Moose Lake, Minnesota)

“We are pleased to welcome two new financial institutions to INVEST and look forward to building lasting relationships with each entity,” said Steve Dowden, president and CEO of INVEST Financial Corporation. “As INVEST continues to expand its footprint in the credit union space, we are dedicated to providing each organization with custom-tailored practice management and technology support. Additionally, we are continuing to focus our efforts on streamlining business operations to increase back-office efficiencies.”

INVEST currently supports more than 150 banks and credit unions and more than 1,100 representatives nationwide. The Tampa, Fla.-based firm is a subsidiary of National Planning Holdings® (NPH®), one of the largest independent broker-dealer networks in the industry. INVEST was the first broker-dealer to conduct a securities trade in a bank lobby and has remained an industry leader in providing brokerage services for financial institutions for 30 years.

Financial institutions interested in learning more about INVEST can contact the firm’s Business Development Team at (800) 245-4732, option 2, or visit www.investfinancial.com.

About INVEST Financial Corporation

INVEST Financial Corporation (www.investfinancial.com), a subsidiary of the National Planning Holdings, Inc.® (NPH®) independent broker-dealer network, is a full-service broker-dealer based in Tampa, Fla. NPH is an affiliate of Jackson National Life Insurance Company® (Jackson®, www.jackson.com), one of the largest life insurance companies in the United States.

Securities, related services, and insurance products offered through INVEST Financial Corporation, member FINRA, SIPC, a Registered Broker-Dealer and Registered Investment Advisor, and its affiliated insurance agencies, are not FDIC or NCUA insured; are not deposits of, obligations of, or guaranteed by any bank or credit union; and, are subject to investment risk, including the possible loss of principal amount invested.

INVEST, Lake State Federal Credit Union and MidWest America Federal Credit Union are independent entities.

for INVEST Financial Corporation
Melissa Hernandez, 303.224.7572
melissa.hernandez@npholding.com

Source: INVEST Financial Corporation

Copyright:Copyright Business Wire 2012
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