Partnership Between Cetera and Eglin Federal Credit Union

Strengthening Member Services with New Partnership

In a significant development for credit union services, Eglin Federal Credit Union has joined forces with Cetera Financial Institutions to boost their investment offerings through Eglin Wealth Management. This partnership is expected to enhance financial services for the credit union's members, who have enjoyed outstanding service for over 70 years.

The Mission Behind the Collaboration

Founded in 1954, Eglin Federal Credit Union has established a reputation for member-focused services while building a community of nearly 125,000 members and boasting over $2.8 billion in assets. By collaborating with Cetera, they aim to enhance their investment program, providing valuable financial planning and wealth management services tailored to their members' needs.

Leadership Insights

LeAnn Rummel, president and CEO of Cetera Investment Services, expressed enthusiasm about the partnership, stating, "We welcome the Eglin team to the Cetera family and appreciate their trust in our capabilities. Together, we anticipate a future where we can significantly enhance their investment strategies and services. Our collective objective is to offer more comprehensive financial planning for the community."

Similarly, Cathie Staton, president and chief executive officer of Eglin Federal Credit Union, echoed these sentiments by noting, "Cetera's commitment to excellent service closely aligns with our philosophy of 'people helping people'. We are confident that this partnership will propel us toward a more prosperous future, providing our members with exceptional support and resources."

Cetera Financial Institutions: A Leader in Support

Cetera Financial Institutions is a notable community within Cetera Investment Services, supporting investment programs for over 450 banks and credit unions. With a proven track record of success and high retention rates, Cetera's dedication to helping institutions grow and scale is undisputed. As they celebrate their 40-year anniversary, their commitment to maintaining a 99 percent retention rate reveals their effectiveness as a partner to financial institutions.

Empowering Financial Advisors

Besides offering exceptional support to credit unions and banks, Cetera focuses on empowering financial advisors across the nation. Representing around 12,000 financial professionals, they manage more than $521 billion in assets under administration. They are renowned for their comprehensive services that allow their advisors to optimize value creation and control within their practices.

Join the Journey with Cetera

Cetera's approach is uniquely tailored to deliver the latest solutions, allowing financial institutions and advisors to flourish. They provide a wide spectrum of services ranging from investment support to successful succession planning, ensuring that their partners can navigate the complexities of the financial world effectively.

As Eglin Federal Credit Union integrates Cetera's innovative investment solutions, they are poised for growth and enhanced capabilities, better serving their members in the long run. The partnership's objective extends beyond just investment services, aiming to enrich the overall member experience and meet evolving financial needs.

Frequently Asked Questions

What is the main goal of the partnership between Cetera and Eglin Federal Credit Union?

The partnership aims to enhance Eglin Federal Credit Union's investment program, Eglin Wealth Management, providing better financial services and planning for its members.

How long has Eglin Federal Credit Union been serving its members?

Eglin Federal Credit Union has been serving its members for over 70 years, since its founding in 1954.

What type of support does Cetera Financial Institutions provide?

Cetera provides extensive support to investment programs for banks and credit unions, focusing on growth, scalability, and member services.

What makes Cetera a leading financial advisor hub?

Cetera is recognized for its unique approach to empowering financial advisors with innovative solutions and a strong support system, managing over $521 billion in assets.

What does the future look like for Eglin Federal Credit Union?

With the partnership in place, the future looks promising as they expand their investment offerings and enhance member services, aiming for overall growth and improved financial wellbeing.

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