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In 1937, the aerospace industry was looking to protect its workers from skyrocketing interest rates. So eight North American Aviation employees pooled $900 to start a credit union called North American Aviation Employees Federal Credit Union. There were no paid employees, limited loan and deposit accounts, and little capital. Nonetheless, the idea took root and membership grew by about 200 people a month and assets grew from $5,000 in 1937 to over $20,000 by 1940. North American Aviation employees were able to join the credit union with 25 cents and a $5 savings deposit. In 1942, the credit union hired its first full-time employee for $200 a month. Daily deposit boxes were set up at each of North American Aviation’s plants. Members deposited their money in the box in the morning, and picked up their change and receipts in the evening. The credit union opened branches in Inglewood, Long Beach, Altadena, Canoga Park and Downey. As a result of the merger of Rockwell-Standard and North American Aviation, the credit union changed its name to NR Employees Federal Credit Union and then to Rockwell Federal Credit Union in response to additional mergers in the aerospace industry. A credit card program was launched in 1978, and the credit union was the first in the country to offer its own Visa cards picturing Rockwell’s space shuttle and the B-17 bomber. Visa liked the idea and featured the credit union in its publications. In 2000, the Credit Union changed its name to Financial Partners Credit Union, and is now one of the largest credit unions in Southern California with over $1 billion in assets and more than 75,000 members. Headquartered in Downey, the Credit Union has full-service branches in Brea, Downey (2 branches), Huntington Beach, Orange (2 branches), San Diego (2 branches) and Woodland Hills. Anyone who lives, works, goes to school, or worships in Orange County and most of Los Angeles County are eligible to open an account at Financial Partners, as are those in San Diego County employed in the healthcare industry or who are active or retired members of the Uniformed Services.
Direct Edge is a Jersey City, NJ based stock exchange operating two separate platforms, EDGA Exchange and EDGX Exchange. Direct Edge trades all listed U.S. equities.
Man Group Plc is one of the leading companies in Financial Services industry. Man Group Plc is based in New York, NY. You can find more information on Man Group Plc at www.maninvestments.com
Sentry Investments was founded in 1997 and has grown to become one of Canada's largest and fastest-growing independent asset management companies. Sentry manages over $10 billion in assets on behalf of more than 300,000 Canadian investors. Sentry offers a diverse range of award-winning investment products available through financial advisors, including domestic, international and income-oriented mutual funds and separately managed accounts. Sentry is one of only three firms to receive four consecutive Brendan Wood International TopGun Asset Management Team Awards (2009 to 2012). Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect," "intend," "will" and similar expressions to the extent they relate to Sentry Investments. The forward-looking statements are not historical facts but reflect Sentry Investment's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Sentry Investments believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements. Sentry Investments undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
Frontline Processing Systems is a Bozeman, MT-based company in the Financial Services sector.