HOLLYWOOD, Fla. — Credit unions and CUNA Mutual have a highly symbiotic relationship CUNA Mutual CEO Jeff Post told Credit Union Times in an interview live from the Discovery Conference today.

The economy is going to get worse before it gets better. CUNA Mutual is well-equipped to handle the storm with its 25% capital but the company is expecting decreased earnings. “It probably will be fairly substantial. As we go into a recession, as credit unions suffer, we suffer,” Post said. He said CUNA Mutual has taken some hits on private mortgage insurance and, in much smaller doses, auto related insurance.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.