The alliance gives UNFCU FA access to an array of qualified and non-qualified retirement plan services such as 401(k), traditional pension plans, or executive benefit plans that the international credit union service organization (CUSO) will offer to its clients anywhere in the United States.
“The alliance provides great synergy and is part of our overall business strategy to best serve our members/customers with complementary capabilities, said Steve Ryerson, president of UNFCU FA, which serves credit unions, private companies, non-profit organizations and their boards to provide cost-efficient pre- and in-retirement planning services and a wide range of insurance products. We can now offer fully-bundled defined contribution and defined benefit plan programs incorporating financial advisory services for both plan sponsors and individual participants. This is fulfilling a real need in the retirement plan market for integrated comprehensive financial planning solutions, said Ryerson.
Last year, NAFCU Services, a wholly-owned subsidiary of the National Association of Federal Credit Unions, selected Pentegra as its Preferred Partner for 401(k) and pension plan services.
UNFCU Financial Advisors is a division of UNFCU Financial Services LLC, a wholly owned subsidiary of United Nations Federal Credit Union. Currently the 29th largest credit union in terms of assets in the United States, UNFCU has served the financial needs of the United Nations community for 60 years, according to a press release.
White Plains, New York-based Pentegra Retirement Services, an independent cooperative, is a provider of retirement products and services to financial institutions nationwide. With over 60 years of experience in managing retirement. For more information see: www.pentegra.com