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Credit Union Network To Sell Curian Managed Account Services

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NU Online News Service, Nov. 10, 2003, 5:21 p.m. EST – XCU Capital Corporation Inc., Carlsbad, Calif., has agreed to distribute managed account services from Curian Capital L.L.C., Denver.

XCU is a credit union service organization that markets financial products through 24 credit unions with 2.4 million members. It originally started as an offshoot of Xerox Federal Credit Union, El Segundo, Calif.

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Curian, a unit of Prudential P.L.C., London, has developed a managed account system that can handle accounts with as little as $25,000 in assets.