I work at a very small credit union ( $11m with only 5 employees). We only have one office, but we have members all across the US approx (2000 members). I started working here at the end of 2011. Before I got here they had been at a significant loss for the past 3 years. In 2012 I had several ideas that have helped us be significantly more profitable. I cut several major costs, boosted marketing significantly, came up with new programs to generate more revenue and quite a few other things. I have gotten little recognition for any of it (apart from a very small bonus), but thats part of life I guess. The way I see it, I am building my resume at least for later on once I am finished with school. But to get to my main point, we have a good bit of cash sitting aside that hasn't been loaned out and isn't invested. Does anybody on here know anything about what credit unions can and can't invest in? Everyone in our office, including the CEO, does not know the answer to that question. And I can't seem to find much help with it. So just curious if anyone knew if we are allowed to invest in corporate bonds or what our rules are? Just looking for some input!