MIDDLETOWN, Pa. — Just in time for its annual meeting, Mid-Atlantic Corporate Federal Credit Union has launched Sollievo Group LLC, a new benefits and insurance services CUSO.
Sollievo Group will offer a range of retirement programs including 401(k), executive and defined benefit pension plans and will work with credit unions that are looking to divest those plans, according to the corporate. On the insurance side, Sollievo Group plans to offer credit union bond coverage, directors and officers, commercial and professional liability coverage as well as property and casualty insurance.
Ed Fox, who will retire July 31 as CEO of Mid-Atlantic, will head the new CUSO. The CUSO makes its debut at Mid-Atlantic's annual meeting, which takes place June 18-19.
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