CUNA Mutual Insurance Society

• CUNA Mutual Policyholders Approve Mutual Holding Structure

  By Michelle A. Samaad  |  September 7, 2011

  Conversion will be from mutual insurance company to mutual insurance holding company if Iowa insurance commissioner approves.

• CUNA Mutual Shrugs Off Arizona Order

  By Michelle A. Samaad  |  August 31, 2011

  CMG Mortgage Insurance Co. said that a recent action by Arizona’s Department of Insurance placing PMI Mortgage Insurance Co. under supervision will not impact the firm’s new business originations or servicing of existing policies. 

• CUNA Mutual’s Reorganization Plan Deserves Close Look

  By Faye Patzner  |  August 24, 2011

  I’m writing in response to Brian Prunty’s letter regarding CUNA Mutual’s proposed reorganization to a mutual holding company structure. [CU Times, Aug. 17, page 10.] Like Prunty, we encourage all policyholders to read through the MHC materials thoroughly. Further, we, too, believe in the benefits of mutual ownership and in...

• Arizona Cease Order Won’t Impact CMG Mortgage

  By Michelle A. Samaad  |  August 23, 2011

  PMI Group and PMI Mortgage ordered to stop issuing new insurance commitments without state approval.

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  Credit Score Decline Has CUs Seeking Alternatives

  By Michelle A. Samaad  |  July 31, 2011

  Like most parts of the country, unemployment has hit some members of ORNL Federal Credit Union in a devastating way.

• Michigan First Pleased With Fidelity Bond Case Outcome

  By Michelle A. Samaad  |  May 25, 2011

  After a seven-year legal battle, Michigan First CU is pleased with a court’s decision to uphold a 2009 verdict in a fidelity bond denial case.

• Rating Agency Returns CUNA Mutual Outlook to ‘Stable’

  By Michelle A. Samaad  |  April 22, 2011

  CUNA Mutual Group said financial ratings agency A.M. Best has affirmed its financial strength rating at “A”, returned outlook to stable.

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  Trust Services Evolve as Members’ Needs Fall, Rise

  By Michelle A. Samaad  |  March 16, 2011

  At Visions Federal Credit Union, the face of wealth has taken on different and nontraditional features.