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Investment Accounting Module

  • 1.  Investment Accounting Module

    Posted Aug 21, 2020 08:58 AM

    I'm curious how many CUs actually utilize an accounting module on their own accounting software (such as Prologue) and how many just use the bond accounting reports to book to the GL?

    Niki Schaumberg

    Chief Financial Officer
    Fox Communities Credit Union
    3401 E. Calumet Street Appleton, 54915
    P: 920-993-3753 | E:

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  • 2.  RE: Investment Accounting Module

    Posted Aug 22, 2020 03:51 PM
    We have utilized the Prologue Investment Manager for quite a few years. The brokers we use have tended to evolve/change over time, so we have preferred to not be tied to a specific broker for investment accounting/reporting. Other CUs' mileage may vary.​

    Paul Meissner CCUE
    SVP/Chief Financial Officer
    Credit Union of America
    Wichita KS