RBC Wealth Management, Garden State Group & NJCUL Services Corporation Collaborate to Help NJ Credit Unions with Investment Management

HIGHTSTOWN, N.J. – NJCUL Services Corporation and RBC Wealth Management, Garden State Group have collaborated to help credit unions of all sizes assess and improve their balance sheets with Investment Management.

With the Garden State Group’s specific focus on credit unions, the following services are offered:

  • FDIC insured CDs
  • No fees for safekeeping
  • Portfolio reviews
  • Cash flow analysis
  • Interest rate shock testing
  • Liquidity accessibility
  • Bloomberg availability

“Now more than ever, credit unions need savvy advisors when it comes to institutional asset management services,” said David Frankil, President/CEO of the New Jersey Credit Union League and Chairman of NJCUL Services Corporation. “The Garden State Group brings exceptional experience helping credit unions of all sizes meet their finance needs, and we’re delighted to have the opportunity to work with them.”

Garden State Group’s Senior Vice President - Financial Advisor David DePaul’s diverse roster of credit union clients has given him the experience and expertise to understand the challenges facing the industry today. He has more than 25 years of dedicated experience with institutional investors, starting in 1992. Combined with the team, the Garden State Group represents over 124 years of experience servicing the credit union industry. Today, they serve over 149 credit unions nationwide with six located in New Jersey.

“We are excited at the opportunity to affiliate with the NJCUL Services Corporation. The strength of the League along with the stability of RBC Wealth Management should create a productive partnership,” says Richard Whelchel, Senior Vice President of RBC, Garden State Group.