For some credit unions, a stronger insurance product and service offering is worth the time and expense.
Building a stronger presence within the insurance sector may also be worth the effort because it keeps members close to home.
To boost non-interest income and provide value to members, some credit unions are branching out into the health insurance space.
Will U.S. credit unions follow Desjardins Group's lead after the Canadian credit union's massive insurance acquisition?
The move will catapult a credit union to become one of the largest providers of property and casualty insurance in Canada.
$210B Quebec cooperative will become second largest property and casualty insurance provider in Canada with annual gross premiums of nearly $4B.
The $776 million St. Mary’s Bank of Manchester, N.H. appointed Pamela Ordway vice president, loan operations manager. Ordway will be responsible for the direct workflow of residential and consumer loan operations, including processing, underwriting, closing, post-closing, and the secondary market portfolio. She served as vice president, processing and underwriting, at...
From East and West, Midwest and South, credit union people in the news.
Connex Insurance Services, a division of Connex Credit Union, announced it recently purchased CPM Insurance Services.
The $377 million Connex Credit Union in North Haven, Conn., said its Connex Insurance Services has purchased CPM Insurance Services in Cheshire, Conn.