UNFCU FINANCIAL SERVICES LLC LAUNCHES NEW ... - BCGE

PRESS RELEASE
UNFCU FINANCIAL SERVICES LLC LAUNCHES NEW INVESTMENT
ADVISORY SERVICES IN GENEVA IN PARTNERSHIP WITH BCGE
Geneva, Switzerland, 4 December 2008 -- UNFCU Financial Services LLC through
its newly established branch in Geneva -- UNFCU Financial Services LLC, New
York succursale de Genève -- is now offering multi-currency investment advisory
services in Geneva as an accredited member of the Swiss Association of Asset
Managers. A welcoming event took place today at the UNFCU Geneva
Representative Office at Palais des Nations to mark the occasion.
The new operation is headed by Mr. Lukas Ammann, who is responsible for developing
appropriate overall investment strategies for his members/clients. Mr. Ammann has held
a variety of progressive positions in the Swiss financial services sector, specializing in
investment advisory management for over 20 years - most recently serving as Head of
Private Banking, Weinfelden Branch of the Thurgauer Kantonalbank.
He received the Federal Certificate of Higher Vocational Education and Training in
Chartered Financial Accounting (Finanzplaner mit eidg. Fachausweis) and the Federal
diploma of higher vocational education and training in banking (eidg. dipl.
Bankfachexperte). He completed his post graduate studies in Sales Management at the
University of St. Gall, Switzerland.
According to Stephen J. Ryerson, President of UNFCU Financial Services LLC: The
expansion is in-line with our European strategy to extend investment services to offices
outside of New York, thereby broadening the scope of our financial offerings to best
meet the needs of the UN community in Geneva. Members are looking for trusted,
objective and unbiased advice, particularly in these turbulent times, and we are
responding to their feedback.
Through its custodian Banque Cantonale de Genève (BCGE), UNFCU Financial
Services LLC, New York, succursale de Genève, offers an extensive mutual fund
platform. This open architecture allows the new entity to provide an array of investment
strategies in Swiss Francs, USD and Euros. These focus on broad diversification,
prudence and simplicity.
It is important to fully understand each person s unique situation, which may include
income needs, time horizons and risk tolerances, said Mr. Ammann. Everyone has
their own distinct goals and my role is to listen carefully and work to help each individual
achieve his or her objectives, he added.
Andrew Gilbert, Head of Private Banking Geneva at the Banque Cantonale de Genève,
added "We are delighted to partner with UNFCU Financial Services LLC in this important
new phase of their development. Our position as state bank in Geneva, with a long
experience of providing universal banking services for local and international clients,
offers a clear match with the requirements and the goals of the UNFCU in our region."

UNFCU Financial Services LLC last month opened UNFCU Advisors GmbH, an
investment advisory company operating at the United Nations Vienna International
Centre.
In addition to its comprehensive suite of offerings BCGE has a defined investment
philosophy that combines discipline, realism and consistency, said Ryerson. Given our
service mission together, we have the right approach and expertise to help members
make sound decisions at every stage of life.
For more information, please contact:
Lukas Ammann
Branch Manager UNFCU Geneva
T. +41 22 917 77 26
lammann@unfcuadvisors.ch
Nicolas de Saussure
Head of Communications BCGE
T. +41 22 809 34 12
nicolas.de.saussure@bcge.ch
Elisabeth Philippe
PR Manager UNFCU
T. +1 347 686 6776
ephilippe@unfcu.com
About UNFCU Financial Services LLC, New York succursale de Genève
UNFCU Financial Services LLC, New York, succursale de Genève is a wholly-owned subsidiary
of UNFCU Financial Services LLC, New York and is registered at the registre de commerce in
Geneva. The branch is a member of the Swiss Association of Asset Managers. It offers a broad
range of discretionary investment advisory services.
About BCGE
BCGE: made in Geneva banking solutions
A universal bank since 1816, the BCGE offers extremely competitive and high-quality banking
services to private, business and institutional customers in Geneva and its surrounding area. The
BCGE proposes a diverse palette of services ranging from ordinary banking facilities, private
banking, asset management, to welfare and pension schemes, mortgages, corporate and local
authority lending. It runs a trading room and offers financial engineering, corporate finance and
global commodity finance services. The BCGE group also has branches in Zurich, Lausanne and
Lugano, together with a subsidiary in Rhône-Alpes, the Banque Cantonale de Genève (France) in
Lyon and Annecy.
About United Nations Federal Credit Union
UNFCU Financial Services LLC is a wholly-owned subsidiary of UNFCU, a cooperative financial
institution which has served the financial needs of the United Nations, its Specialized Agencies,
retirees and their families since 1947. Headquartered and with branches in New York City,
UNFCU has Representative Offices in Geneva, Switzerland, Vienna, Austria, Nairobi, Kenya and
Rome, Italy. For more information about UNFCU, please visit its website at www.unfcu.org.