Products & Services

Custodial Certificates of Deposits

Historically, credit unions are major investors in bank-issued jumbo CD’s. Their attractive yield outpaces alternative investments for like terms. Unfortunately, they add to the investing credit union’s workload.

Paragon Financial Group offers FDIC insured CD’s through Primary Financial, a Credit Union Service Organization of Ohio’s Corporate One. In 1996, Corporate One purchased the CD custodian program from Irwin Union Bank & Trust, which was one of the premier programs in the nation.

Primary Financial provides:

• No out of pocket cost to the investing credit union
• Top rates at FDIC insured institutions
• Credit review
• Single wire into multiple CDs
• Paperwork consolidation
• Consolidated accrual statement
• One monthly check and statement

NOW AVAILABLE-ACH monthly interest and principal straight to your account at Corporate at no cost to you!