Everwise Credit Union, formerly known as Teachers Credit Union, is partnering with a Carmel-based company to help found a capital markets solution firm.
The South Bend-based credit union, which has branches in Hammond, Gary, Whiting, St. John, Chesterton, Valparaiso, New Buffalo and Three Oaks, and Carmel-based Allied Solutions both made multimillion dollar investments into Rhyze Solutions LLC, a new credit union service organization that provides capital markets to financial institutions.
The investments will give the fledgling firm the “ability to build and scale the company with an innovative platform that supports a wide range of products and services across multiple asset classes,” Rhyze Co-Founder and President Chelsea Feliciano said.