Accolade Signs Two New Credit Unions, Closes in on $1 Billion Under Management

Accolade Investment Advisory, LLC is closing in on the milestone of $1 Billion of funds under management with the signing of two new credit union clients.  A short two years since Southeast Corporate launched the CUSO, Accolade’s funds under management now total $905 million. Martin Federal Credit Union of Orlando, Florida signed on for Accolade’s suite of investment advisory services and within days Navigator Credit Union in Pascagoula, MS also signed a contract for the service.

According to Martin’s Chief Financial Officer, Kim Sydebrant, “Martin is seeking

to maximize investment income, which requires going into new products. Investment advisory services offer the expertise and experience that can get us into these products as well as educating and guiding our ALCO, management team and board through the process.”

Navigator’s decision to consider an investment advisory service was based on several reasons, according to Robert Fertitta its Chief Financial Officer.  “We decided an investment advisory service should be considered because of the in-depth knowledge of the bond market that these types of services provide,” he said. “Advisory services cut down on the research that the credit union has to do on an investment because their service includes this expertise.  For Navigator this has gained heightened importance as a priority, particularly given the continuing economic challenges in the markets.”

Accolade’s services include portfolio management, asset/liability management and reporting.  Accolade Investment Advisory is a wholly owned CUSO of Southeast Corporate


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