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Faith-Based Credit Union Launches New Investment Management Service

02/08/2005

BREA, Calif. -- Evangelical Christian Credit Union (www.ECCU.org) today announced the newest member in its family of companies: Evangelical Christian Investment Management LLC (ECIM).

As a wholly owned subsidiary, ECIM offers investment-policy formation, asset allocation analysis and portfolio structuring for evangelical churches and ministry organizations in need of long-term investment strategies.

“The formation of ECIM was a logical extension of ECCU’s long-standing mission to provide value-added financial services to evangelical organizations,” says Frank Borst, ECCU executive vice president and current president of ECIM. “The addition of ECIM enhances the portfolio of financial services offered by ECCU and its subsidiaries.”

“Through ECIM, we can now partner with ministries and provide bundled solutions that include financing, banking and investing,” adds Mark White, director of business development for ECIM.

ECIM’s biblically based investment-management principles are designed to help ministries best steward the funds entrusted to their care.

“ECIM believes that we should seek the best return possible, within the context of stewardship and Kingdom building,” White explains. Combining key biblical principles with the stability and backing of ECCU allows ECIM to provide ministries with sound investment management to maximize investment returns within a defined set of objectives.

ABOUT ECCU
Established in 1964, Evangelical Christian Credit Union delivers commercial banking services to faith-based organizations around the world. As a not-for-profit financial cooperative, ECCU partners with churches, Christian schools and other evangelical ministries for real-estate financing, construction lending, cash management, depository and investment services. The credit union currently has $1.6 billion in total assets under management.

ABOUT ECIM
Evangelical Christian Investment Management LLC has been in existence since the third quarter of 2004 as a separate, but wholly owned, subsidiary of ECCU. Securities recommended by Evangelical Christian Investment Management LLC are not deposits of, or obligations of, or guaranteed by ECCU. Securities recommended by Evangelical Christian Investment Management LLC involve investment risk, including the possible loss of principal.


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