There are currently six partnership programs for new investments:
- National Cooperative Bank
- MEMBERS Trust Company
- Corporate One
- Alloya
- Catalyst
- Volunteer Corporate
CIF with National Cooperative Bank(NCB)
Visit www.cifwithncb.coop to learn more and to invest. CIF with MEMBERS Trust Company
Visit www.memberstrust.com/cif/ to learn more and to invest. Click here to watch a short webinar. MEMBERS Trust Company offers three investment options: 1) Charitable Lead Trust - NCUF will receive annual payments calculated as a percentage of the market value of the assets held in the trust for a three- to five-year period. Unless donor credit union elects to renew the trust at the end of this payout period, the remaining assets in the trust will be returned to the credit union. Click for more information
2) CIF Investment Trust – a conservatively managed 703 permissible funds portfolio. The minimum recommended investment is $500,000. 3) CIF CD investment - fully FDIC insured up to $50,000,000. The minimum recommended investment is $250,000. How is it insured up to $50 million? MEMBERS Trust Company is a participant in the CDARS network. When CUs make a CD investment with MEMBERS Trust Company, they earn one rate and receive one statement, but their deposit is split among enough participating banks to ensure the full interest and principal is below the $250k FDIC limit. There is sufficient liquidity and participation in the program to offer full FDIC coverage up to $50 Million. CIF with Corporate One
Click here to learn more and to invest. CIF with Alloya
Click here to learn more and to invest. Eligibility – Capitalized members of Alloya Corporate FCU, 50-state availability Low Minimum – $1,000 to participate Income – Earn interest at market rates as you support CIF efforts CIF with Catalyst
Click here to learn more and to invest. Eligibility – Catalyst membership required Minimum investment - $10,000 Products - Catalyst certificate of deposit (strictly a CIF investment product) that features maturity options of six months, 12 months or 18 months. Other investment products include a 90-day notice account. Fixed rates based upon term, amount, and market conditions at time of purchase.
CIF with Volunteer Corporate
Click here to learn more and to invest.
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