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Cetera Partners with $400M Hawaii State Federal Credit Union

Cetera Partners with $400M Hawaii State Federal Credit Union

Cetera Financial Group announced that Hawaii State Federal Credit Union is partnering with Cetera Financial Institutions to support its investment services program.

Cetera will provide resources and support to grow the program and enhance services and products for credit union members, the firm said.

Hawaii State Federal Credit Union is the state’s largest credit union with more than 126,000 members and roughly $393 million in its investment services program.

“This collaboration will empower the delivery of holistic financial planning services powered by Cetera’s industry-leading technology, resources and support,” said David Kimura, program manager at Hawaii State Federal Credit Union.

In August 2023, Cetera announced that $214 million Texas-based A+ Federal Credit Union was converting its retail investment program to Cetera Financial Institutions.

Cetera oversees more than $475 billion in assets under administration and $190 billion in assets under management for over 12,000 financial professionals and their teams.

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Cetera Financial Group

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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