PLEASANTON, Calif. – Patelco CU has signed with SaveDaily to market the company’s proprietary financial services platform to other credit unions and financial service providers.
Credit unions adopting the SaveDaily platform can offer mutual fund investing to their members at low cost under their own brand. For one flat monthly charge, investors in mutual funds can have unlimited positions and unlimited changes without transaction fees.
SaveDaily said the platform eliminates the need for high initial amounts to open an account and ongoing contributions, which provides opportunities for average savers to plan and execute their savings goal by allowing them to invest as little as a penny when and how they want.
The service is being offered through Patelco’s wholly owned CUSO Patelcorp.
