When CUNA Mutual Group set out to shake up a program that had grown a bit disjointed, the company went straight to members and credit unions to gather feedback on what changes needed to be made.
What is competition? According to the Business Dictionary it is, “a rivalry in which every seller tries to get what other sellers are seeking at the same time; sales, profit and market share by offering the best practicable combination of price, quality and service.”
Connex Insurance Services, a division of Connex Credit Union, announced it recently purchased CPM Insurance Services.
Matching contributions to employee 401(k) plans had either been scaled way back or completely eliminated as firms looked for ways to rehydrate dry revenue streams to weather the Great Recession years of 2008 and 2009.
Some companies are matching contributions again. Find out more in this print preview from next week's Credit Union Times.
The Great Recession forced some women to take an even more active role in managing the household’s finances.
Atlantic Financial Federal Credit Union now offers membership to employees of Transamerica Life & Protection. As a select employee group, Transamerica will offer AFFCU membership as part of its benefits package.
American Financial FCU's Inner Harbor branch is within walking distance to Transamerica employees in downtown Baltimore.
Ninety-five percent of women polled said they are more involved than ever in their households' investment and financial decision-making.
Insuritas, a firm that aids credit unions and banks in setting up their own insurance agencies, said it recently completed a $10 million capital raise.