St. Willibrord Launches On-Line Discount Brokerage Service

Credit Union Expands Investment Service Options with New Strategic Partnership

LONDON, ON, Feb. 20 /CNW/ - St. Willibrord Community Credit Union announced today the addition of on-line brokerage Qtrade Investor to the suite of financial and investment services available to its present and future customer-owners. Qtrade Investor will further expand the range of options St. Willibrord owners have when choosing investment strategies to achieve their financial goals.

"On-line investing is growing in popularity, especially among market- savvy investors who appreciate the flexibility and convenience it affords," said Tania Goodine, St. Willibrord Sales and Marketing Manager. "With the introduction of Qtrade Investor, our owners now have the choice of managing their own investment portfolios and conducting on-line transactions 24 hours a day, seven days a week."

Qtrade Investor is a nationally registered broker dealer based in Vancouver, British Columbia. St. Willibrord formed the strategic partnership with Qtrade Investor along with five other leading Canadian credit unions. Qtrade Investor offers a full range of brokerage services, accessible either on-line or by telephone through its Investment Representative staffed call centre. Owners using the service will receive leading-edge investment research, on-line account applications, electronic funds transfer and straight- to-market order execution at competitive prices. St. Willibrord owners can access Qtrade Investor directly through the credit union's web site www.mycu.com.

"Our new strategic partnership with Qtrade Investor is part of St. Willibrord's continuing commitment to providing financial education and integrated financial planning expertise to our owners," explained Goodine. "Qtrade Investor's on-line brokerage service is a convenient, cost-efficient and user-friendly option that really complements the other investment services we offer."

St. Willibrord Community Credit Union is southwestern Ontario's full- service financial institution that is operated by a community of owners and open to everyone. Currently, St. Willibrord has 10 locations, a dedicated call centre and a web site for on-line banking. With nearly 33,000 owners and over $600 million in assets under administration, St.Willibrord delivers a wide variety of chequing, savings, investment products, financial planning, mutual funds (through Credential Asset Management), financing farm and commercial enterprises, Interac(R), MasterCard(R), telephone and on-line banking.

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