ATLANTA (August 11, 2017) —CU Capital Market Solutions, a credit union CUSO, announced it has hired Jeremy Colvin to lead its capital markets effort. Colvin will serve as Managing Director and work from CMS’ newly opened office in Summit, N.J.
Colvin had spent the last seven years at Bank of New York Mellon in a number of leadership roles. Most recently, he was managing director, where he led capital markets sales and relationship management. He built BNY Mellon’s Capital Markets Brokered CD platform to its current $10B in annualized issuance. He also shaped the Fixed Income department, enhancing the bank’s value proposition to a global client base.
“Our business continues to evolve and has reached a point where CMS clients demand substantial markets leadership,” CMS CEO Lewis Lester said. “Jeremy’s roughly 20 years in the Capital Markets space and vast experience on both sides of the balance sheet make him uniquely qualified to create solutions for our growth-oriented credit union clients.”
Colvin received BNY’s Chairman’s Circle Award in 2013 and was recognized as the BNY Mellon Global Markets Innovator of the Year in 2012.
“I’m very excited about the opportunity at CMS and my ability to enhance the CUSO’s Capital Markets business during this exciting era of change and growth in the credit union community,” Colvin said.
About CU Capital Market Solutions (CMS)
CU Capital Market Solutions (CMS) is a credit union service organization (CUSO) and Registered Investment Advisor (RIA) that specializes in innovative capital market solutions, earnings and balance sheet optimization, and specialized assets and loan programs. These financial tools are designed to enhance credit unions’ ability to maximize earnings, grow assets and expand net interest margin. CMS provides secondary capital, term funding and overnight funding to qualified low-income designated credit unions (LICUs). CMS also provides unique, approved, alternative asset products, and USDA and SBA loan participations and programs to all qualified credit unions. The CMS “Total Solution” has a proven track record of delivering the results that credit unions need to excel. For more information call 800-222-0978 or email email@example.com.