Credit unions compete to recruit and retain quality employees by offering a wide range of benefits. But could that competitive edge be in jeopardy because of rapidly rising costs?
More companies are helping employees to healthier lifestyles and long-term financial security, two trends likely to grow because of rising health insurance costs and uncertainties over Social Security benefits and diminishing corporate pension plans.
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.
The DMF is the primary tool by which the life insurance industry determines when annuitants and policyholders have died.
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.”
The salary outlook for credit union executives and rank and file employees reflects what’s been happening during the U.S. economic recovery. It’s still stuck in the slow lane, and no one really knows when it will change into the fast lane.
In the past few days, three surveys have been released that paint a rather bleak picture of Americans’ financial status and expectations about retirement.
Due to growth in its lending and asset accumulation businesses, CUNA Mutual Group said it posted strong second-quarter results.
The $780 million credit union in Moon Township, Pa., recently introduced Clearview Investment Advisors, formerly known as MEMBERS Financial Services.