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Investment Services

There are tons of questions and what-ifs when it comes to investments. What works best for your credit union? How can you get the best return for your money? What does the current market mean for your investments? Good news. We have the insight, the experts and the options to help your credit union find just the right investments and manage your funds effectively.

Brokered Investments

This program makes your credit union's participation in the securities market easy. Investment options include:
  • U.S. treasuries
  • New issue agencies
  • Secondary bullet and callable agencies
  • Collateralized mortgage obligations
  • Corporate bonds.

All security offerings are permissible under Regulation 703.

Securities offered through Concourse Financial Group Securities, Inc., a registered broker-dealer, member FINRA and SIPC. Vizo Financial Corporate Credit Union is independent from Concourse Financial Group Securities. Securities products are not NCUA or otherwise federally insured, may involve loss of principal and have no credit union guarantee.

Excess Balance Account (EBA)

The Excess Balance Account (EBA) is an alternative to your premium Share Account that is off of the Corporate's balance sheet. We offer the following account options:

  • EBA
  • EBA-30
  • EBA-90
  • EBA Flex

Fixed Callable and Step-up Certificates

The Corporate offers its members fixed-rate certificates for periods of two days to five years.

Flex Account

The Flex Account is a no maturity investment that pays a higher rate while permitting withdrawals under certain conditions.

Holiday Share Account

The Holiday Share Account is designed to assist in managing your Christmas Club Account more effectively. The Holiday Share Account is a floating-rate investment that earns a variable spread over the Premium Share Account (PSA). Credit unions have the option of choosing a Holiday Share Account that matures on October 1st or November 1st of each year.

Investment Accounting

This service will provide the accounting and reporting for all your investments, including agency callables and step-ups as well as mortgage-backed securities. Couple this with our ALM & investment specialists on staff and Vizo Financial has all of the tools your credit union needs to more effectively analyze and manage your balance sheet.

Premium Share Account (PSA)

The Premium Share Account (PSA) is an overnight account designed for your liquid funds not needed to cover daily transaction and/or settlement activity. There is no minimum balance requirement for the PSA and you can transfer in or out of this account on a daily basis as your funding needs change. This is an attractive option for your credit union’s liquid funds, as the rate on the PSA should be closely correlated to the federal funds rate.

PSA30

The PSA30 is a 30-day floating rate account that pays a rate slightly higher than the PSA and provides an excellent complement to your overnight accounts. For members with excess liquidity, the PSA30 offers an opportunity to pick up additional yield without impacting your credit union’s liquidity needs, as funds can be withdrawn after the initial 30-day commitment.

PSA90

The PSA90 is a 90-day floating rate account that pays a rate slightly higher than the PSA30 and provides an excellent complement to your other overnight accounts. For members with excess liquidity, the PSA90 offers an opportunity to pick up additional yield without impacting your credit union’s liquidity needs, as funds can be withdrawn after the initial 90-day commitment.

Securities Safekeeping

This program allows member credit unions to have their Fed book-entry and DTC-eligible securities held and safeguarded through the Corporate's partnership with U.S. Bank and the Federal Reserve Bank.

SimpliCD

This comprehensive CD brokerage management and reporting system is a unique certificate of deposit program that allows credit unions to purchase jumbo CDs that are custom-laddered. In addition, credit unions may issue CDs through the SimpliCD program.

Term Certificates

Vizo Financial’s Term Certificates provide member credit unions with a safe, convenient way of accessing the investment market at competitive rates. We have fixed-rate certificates with maturities up to one year, or longer upon request.