Building capital for future projects, CUNA Mutual Group said it has entered into an agreement with institutional investors to issue $85 million in fixed-rate, 20-year surplus notes.
Dan Mica stepped down after 14 years as CUNA's president/CEO on July 1. Mica, who had been a member of Congress and a lobbyist on behalf of the
With $85 million in newly-raised capital, CUNA Mutual Group has its sights set on more acquisitions adding to the 401(k) provider and crop insurer companies it bought in 2009.
Cinco de Mayo, the day Mexico's 1862 victory over the French is celebrated, may also mark the day when CUNA names a new leader.
Quincy Credit Union, Quincy, Mass., announced the selection of Maura Gilmartin as the credit union's business development coordinator.