NAFCU Announces Piper Sandler as Preferred Partner for Balance Sheet Management Services

Rhea-AI Summary

Piper Sandler (NYSE: PIPR) has been named a Preferred Partner by NAFCU Services, enabling enhanced access to their financial expertise for credit unions. This partnership, approved by credit union CEOs, aims to provide tailored strategies that cater to various credit union models. Jake Pettit and Jon Searles from Piper Sandler highlighted the importance of their commitment to addressing the needs of credit unions amidst current market challenges. Founded in 1895, Piper Sandler is a prominent investment bank with a global presence, focusing on delivering impactful financial solutions.

Positive

• Piper Sandler is recognized as a Preferred Partner by NAFCU Services, enhancing its standing in the credit union sector.
• The partnership allows Piper Sandler to showcase its broad expertise and diversified offerings to credit unions.
• Credit union CEOs approved the partnership, indicating trust and confidence in Piper Sandler's services.

Negative

• Market volatility may pose challenges for credit unions, necessitating robust advisory services.
• Increased competition in the market could pressure Piper Sandler to continuously innovate its offerings.

ARLINGTON, Va.--(BUSINESS WIRE)-- NAFCU Services announced today that Piper Sandler is the newest Preferred Partner to join its program serving credit unions.

As a leading financial services firm, Piper Sandler’s holistic approach and broad expertise provides big-picture strategies that satisfy the full-range of diverse credit union models. Through this partnership, credit unions will have greater access to the firm’s team of experts. The partnership was approved following a rigorous, independent review and voting process by credit union CEOs.

“We take great pride in the relationships we have built and the robust solutions we’ve been providing the credit union industry for decades,” said Jake Pettit, co-head of the credit union group at Piper Sandler. “We are thrilled to have the opportunity to showcase the diversified offerings of the Piper Sandler platform among the NAFCU community.”

“We’re proud to welcome Piper Sandler as a partner, their commitment to the Credit Union Industry through their advisory and capital markets services, will help guide credit unions through the complexities of today’s global markets,” said Randy Salser, NAFCU Services Corporation President.

“With the current market volatility and strong competition credit unions are facing, we realize that more is required of executive teams than ever before. Our seasoned team is equipped to handle these unprecedented challenges while remaining focused on the core identity of what credit unions strive to achieve daily: delivering better rates and products to the members and communities they serve,” said Jon Searles, co-head of the credit union group at Piper Sandler. “As a preferred partner with NAFCU, we are confident we can bring highly personalized results for each individual balance sheet.”

About Piper Sandler

Founded in 1895, Piper Sandler (NYSE: PIPR) is a leading investment bank with more than 60 offices located across the U.S., in Aberdeen, London and Hong Kong. Through a distinct combination of independent thinking, candid counsel, focused expertise and empowered employees, we deliver integrity, insight and impact to each and every relationship. We transcend transactions to define possibilities—enabling clients to achieve their short-term goals while realizing their long-term vision. Learn more at pipersandler.com.

About NAFCU Services

As part of the National Association of Federally-Insured Credit Unions, NAFCU Services provides funding, educational content, and a portfolio of trusted and vetted Preferred Partners.

For 40+ years, we’ve served credit unions across the country. Our team of partners delivers groundbreaking ideas and next-gen solutions, enabling credit unions to compete, change the status quo, and grow their institutions. For more information, visit our website and follow us on Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230117006061/en/

NAFCU Services Contact:

NAFCU Services

nsc@nafcu.org

Piper Sandler Contact:

Jake Pettit

Jacob.Pettit@psc.com

Jon Searles

Jon.Searles@psc.com

Source: NAFCU

FAQ

What is the significance of Piper Sandler being named a Preferred Partner by NAFCU Services?

This designation allows Piper Sandler to offer specialized financial services to credit unions, enhancing their ability to navigate market complexities.

How will the partnership between Piper Sandler and NAFCU Services impact credit unions?

The partnership provides credit unions greater access to Piper Sandler's expertise, enabling them to implement effective strategies amidst market challenges.

What year was Piper Sandler founded?

Piper Sandler was founded in 1895.

What services will Piper Sandler provide to credit unions through this partnership?

Piper Sandler will provide advisory and capital markets services tailored to the needs of credit unions.

Who are the key contacts from Piper Sandler for credit unions?

Jake Pettit and Jon Searles are the principal contacts from Piper Sandler for credit unions.