PARC Street Advisors
When margins tighten, your balance sheet should do more.
PARC Street Advisors helps credit unions responsibly access growth-oriented investment strategies within long-standing NCUA rules, so rising benefit costs and charitable commitments can be supported over time without relying solely on operating income.
The challenge we aim to solve.
Credit unions today face a familiar tension:
- Benefit costs continue to rise
- Charitable commitments matter more than ever
- Traditional investments remain conservative
- Operating income is under pressure
These costs do not need to be simply absorbed. There is another option.
Our approach.
PARC Street Advisors works with credit unions to take advantage of well-established regulatory rules that allow certain assets, when held in the right structures, to be invested differently.
The goal isn’t complexity. The goal is incremental growth, created thoughtfully, compliantly, and with purpose.
Two focused strategies.
We are intentionally narrow in scope. We support two strategies because when done well, they solve very real problems.
Employee Benefit Prefunding Accounts (EBPAs) §701.19
Designed to help offset future employee benefit obligations, EBPAs allow credit unions to invest in normally impermissible investments, with the goal of earning a higher rate of return over time than permissible investments. This expected higher return allows the credit union to reduce long-term pressure on operating margins.
Charitable Donation Accounts (CDAs) 12 CFR §721.3(b)(2)
CDAs allow credit unions to fund charitable giving primarily from investment earnings, supporting community impact without relying solely on annual budgets.
Both strategies are rooted in long-standing NCUA guidance. Both require discipline, governance, and clarity to do well.
Why PARC Street Advisors
We don’t lead with yield. We lead with suitability.
We bring:
- Deep familiarity with the regulatory framework and examiner expectations, so strategies are designed to hold up under real scrutiny, not just on paper.
- Experience guiding boards through judgment calls, helping them understand when these strategies make sense and when restraint is the better decision.
- A commitment to clarity, documentation, and ongoing oversight, ensuring what you expect and what you get are one and the same.
- A relationship-first approach grounded in accountability, where questions are addressed directly and responsibility doesn’t get passed along.
These strategies aren’t new, but they’re often misunderstood or overlooked in favor of newer, more complex and exotic investment ideas. We focus on established approaches that align with credit union risk tolerance and have demonstrated long-term durability across market cycles.
“Built on a legacy of disciplined investing, our approach focuses on long-term results grounded in fundamentals and aligned to purpose.”
Greg Shufro & Steve Glass, The Shufro-Glass Group
Investment management handled responsibly.
When implemented, account investments are managed through a sub-advisory relationship with Shufro, Rose & Co., LLC, an independent investment firm founded in 1938. The Shufro-Glass Group brings a disciplined, fundamentals-based approach focused on long-term results, risk management, and portfolio construction aligned to specific obligations.
Like PARC, their philosophy emphasizes transparency, prudent decision-making, and strategies designed to perform long-term across market cycles.
Who this is for.
PARC Street Advisors is best suited for credit unions that:
Have the balance sheet capacity to be thoughtful.
Have the governance structure to be disciplined.
Want solutions that align with mission, not shortcuts.
Favor experienced strategies over untested ideas.
If that sounds like your organization, this is worth a conversation.
Curious whether this could work for your credit union?
We’ll help you evaluate fit, understand the tradeoffs, and decide, clearly and confidently, whether this makes sense.