Is your credit union searching for ways to meet the challenges created by rising employee benefit costs and sluggish investment growth? If so, we have a strategy that can help.
The National Credit Union Administration permits federal credit unions to “pre-fund” their future employee benefit obligations by investing in certain investments that would normally be impermissible. In most cases, state-chartered credit unions are afforded the same opportunity through parity or approval from state regulators. Our Earnings Enrichment Program can help you take full advantage of this opportunity in a strategic, structured and well-planned manner.
Through the Earnings Enrichment Program, your credit union can redirect some of its excess liquidity to professionally managed investments that have historically generated higher returns than traditional credit union investments. Any returns generated by the program can then be used to ease the impact of employee benefits on your bottom line. In this way, the program can:
Significantly boost your investment earning potential
Substantially offset your employee benefit costs
Help you offer a benefits package that will attract and retain top employees
We will customize a plan to suit your unique needs, goals and philosophy. Contact us today to learn more about how your credit union may benefit from this innovative program.
Securities, investment advisory, and financial planning services offered through qualified registered representatives of MML Investors Services, LLC, Member SIPC (www.sipc.org). O.M. Financial Group, LLC is not a subsidiary or affiliate of MML Investor Services, LLC, or its affiliated companies. Supervisory Office: 101 Federal Street, Suite 800, Boston, MA 02110. Tel: 617.439.4389. Products and services offered are: NOT A CREDIT UNION DEPOSIT • NOT NCUA INSURED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY • NOT GUARANTEED BY THE CREDIT UNION • MAY GO DOWN IN VALUE.