As of the end of May, more than 500 credit unions have signed on to FOLIOfn's Member Folio Investing program since it was first offered a year ago.

Going forward, FOLIO fn plans on marketing to consumers and educating them about the program. "We think that our product is something that can meet the needs of any investor, whether they're just starting out or have been in the market for some time," said Rich Hagen, vice president of FOLIO fn Investments. Hagen added that credit union members are an extremely loyal group that once satisfied with a product, will stick with it.

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