Steve Franke is Chief Financial Planning Officer at Allegacy Federal Credit Union. He also serves as Program Manager for Allegacy Investment Group, available through CUSO Financial Services, L.P.* Franke is responsible for management and strategic planning of the financial planning and investment programs for members. He oversees the supervision of licensed and administrative staff, coordination of all compliance and regulatory procedures including advertising and licensing. He also plans and administers the annual budget, marketing and business plan.
Franke joined Allegacy in 2013 and is a member of the executive management team. Previously, he was President of Franke Professional Services Incorporated and offered financial management oversight for approximately 50 financial planning programs throughout a 12 year span, typically overseeing 10-12 programs at a time. He was awarded Program Manager of the Year in 2008 by Bank Investment Consultant Magazine and in 2012 was awarded Honorable Mention for Program Manager of the Year. In 2016, he was ranked #42 by the same publication for his work with Allegacy.
Franke serves as a Co-Chair on the Board of Directors for the Center for Smart Financial Choices. He is also a member of the Financial Planning Association and serves on the Executive Advisory Council with CUSO Financial Services, L.P.
Franke earned an Associate’s Degree from Mount Aloysius College in Pennsylvania and a Bachelor’s Degree in Accounting from Shepherd University in Shepherdstown, West Virginia. He is a Certified Financial Planner™ with Series 6, 7, 65, and 24 securities licenses through Allegacy’s broker-dealer, CUSO Financial Services, L.P.
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Allegacy Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.