(November 14 – 17:15 ET) – Online brokerage Northern Financial Corp. says it has entered into a strategic alliance with Buduchnist Credit Union to be the exclusive provider of online trading to the members of the credit union.

This alliance will enable credit union members to access online trading directly via a link from the credit union’s Web site, as well as participate in the online public offerings of Northern Financial. Through its eNorthern division, Northern Financial offers an online brokerage service at www.enorthern.com.

The eNorthern Web site provides extensive market information as well as research and analysis tools from such leading information providers as Morningstar, Financial Web, SmallCap Centre, Briefing.com and The Street.com.

“Our strategic direction is to deepen our client base through strategic alliances with partners such as Buduchnist,” stated Vic Alboini, president and CEO of Northern Financial. “Credit unions in Canada have a strong history of providing excellent value-added, customer-oriented services to their members. We share a common belief in delivering high quality, superior value service to our online clients.”

Buduchnist Credit Union serves over 14,000 members of the Ukrainian community through offices located in Toronto, Mississauga, Hamilton and Ottawa. Founded in 1952, Buduchnist is the 12th largest credit union in Ontario with assets totaling $220 million.
-IE Staff