CUNA Mutual Group
 |
|
| Type | Mutual |
|---|---|
| Industry | Insurance and Finance |
| Founded | 1935 |
| Headquarters | Madison, Wisconsin, USA |
| Key people | Jeff Post, President and CEO[1] |
| Revenue |  $2.811 billion USD (2007)[2] |
| Net income | $211 million USD (2007)[2] |
| Website | www.cunamutual.com |
CUNA Mutual Group (
/ˈkjuːnə/) is a mutual insurance company that provides financial services to cooperatives, credit unions, their members, and other customers worldwide. CUNA Mutual Group sells commercial and consumer insurance and protection products.
In June 2009, CUNA Mutual acquired CPI Qualified Plan Consultants. These two organizations have teamed up to provide retirement plan services to credit unions and their members. That same year, in November 2009, CUNA Mutual acquired Producers Ag Insurance Group, an American crop insurer.[3]
The "CUNA" in the company's name originally stood for "Credit Union National Association".[4]
Contents |
[edit] Services and support
CUNA Mutual Group sells a variety of insurance and investment products designed for credit unions and their members,[5] including the following:
[edit] Insurance and protection
Commercial: Business protection, collateral products, employee benefits, mortgage insurance, crop insurance[6]
Consumer: Credit insurance, debt cancellation, life insurance
[edit] Services
Business process outsourcing, compliance services, marketing services, end-to-end lending
[edit] Asset management
Broker/dealer services, pension and 401(k) plans, mutual funds, managed accounts, variable annuities, fixed annuities, and immediate annuities.
[edit] Employees and locations
CUNA Mutual Group employs approximately 4,500 people in offices in Waverly, Iowa; Fort Worth, Texas; and Madison, Wisconsin; as well as field employees located throughout the United States. There are 1,800 employees working in Madison, Wisconsin, the company's world headquarters.[5] The company's International Division includes more than 670 CUNA Mutual Group employees in regional offices across the globe.
[edit] See also
[edit] References
- ^ CUNA Mutual 2007 Annual Report pg. 1
- ^ a b CUNA Mutual 2007 Annual Report pg. 15
- ^ CUNA Mutual completes deal for ProAg The Business Journal of Milwaukee. 6 Nov. 2009
- ^ Credit union meeting. Published November 30, 1989, in The Pantagraph - Bloomington, Illinois.
- ^ a b Our Company - CUNA Mutual Group
- ^ Powerful Tools for Credit Unions - CUNA Mutual Group
