There are many types of investment products in the market. As with insurance products, these can be combined and modified in many different ways. A credit union should review the characteristics of the various investment products available, understand the investment it is considering purchasing, and select those that have characteristics which best match the credit union’s objectives, needs, and risk tolerance.
For a FCU, any investment product selected must have a direct relationship to the employee benefit it funds.
Last updated September 25, 2017
