Bethpage Federal Credit Union is promising a more convenient and streamlined experience for customers who use its financial services, thanks to a new partnership with a broker-dealer.
Michelle Dean, senior vice president of Lending & Investment Services for Bethpage said the new partnership with INVEST Financial Corp. of Tampa, Florida was accompanied by a name change for the services unit, to “Bethpage Investment Strategies,” from “Bethpage Financial Services,” which the credit union deemed to generic sounding.
She says the newly named operation will offer more paperless and technologically-advanced services.
“They’ll be more pro-active in offering those services,” she said.
INVEST’s website says it is a financial services broker-dealer with investment professionals nationwide offering “a comprehensive line of investment products including stocks and bonds, mutual funds, fixed and variable annuities, and other insurance products” and 24-hour a day online availability.
Dean’s group includes nine financial consultants and four support people, managing a $350 million portfolio for more than 4,000 clients.
Bethpage Federal is the Island's largest credit union with more than 180,000 members, 24 branches and 60 shared service center locations on the Island in supermarkets, convenience stores, discount drug stores and warehouse clubs.
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