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CMG Mortgage Insurance Co. gets nod from Standard & Poor

By Staff Writer

NEW YORK - Standard & Poor has affirmed its double A-minus counter-party credit and financial strength rating on CMG Mortgage Insurance Co. CMG Mortgage Insurance Company was recognized for its 60% share in the credit union mortgage insurance market, support form its parent companies and strong operating performance. According to...

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State National Companies appoints new specialist

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NY property/casualty agents renew online

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March 26, 2002

Minnesota Life Group Insurance doubles annual premium

ST. Paul, Minn.-Minnesota Life Group Insurance has reported a 96% increase in new annual premium for 2001. In addition, the company retained 96% percent of its existing clients. "This is our sixth consecutive year of outstanding sales results," said James E. Johnson, senior vice president, Group Insurance. "While growth rates...

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March 26, 2002

Checking the pulse of Member Insurance Services

BOCA RATON, Fla. - Completing its first full year, the Credit Union Service Organization Members Insurance Services, L.L.C. is slowly picking up speed. "Our game plan was to be profitable in less than five years," said Members Insurance Services Board President Barry Hughes. "Now even in a worse case scenario-we...

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March 19, 2002

Behind enemy lines

Credit unions need to know what's on the minds of the bankers. On page 38 readers will find coverage of the America's Community Bankers recent GAC held in Washington. Credit unions came up on a number of occasions, but the banking group says it has bigger fish to fry.

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March 19, 2002

Online fraud losses continue to mount, new protections gain popularity

STAMFORD, Conn. - The Internet is a popular place to do business, for good or ill, according to a study that shows that online fraud losses in 2001 were 19 times that of offline sales. But the study by GartnerG2, a business strategy research service of Gartner Inc., also shows...

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March 19, 2002

Ag lending capabilities drive one CU's DP decision

CORVALLIS, Ore. - The $410 million Wabash County Farm Bureau Credit Union here needed a core processing system that could handle the uniqueness of agriculture loans. As the DP story on page 1 (continued on 16-17) shows, credit unions may begin making DP decisions based on their business account capabilities....

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March 19, 2002

Riverside County CU creates an in-house lending system that's saving the CU over $120,000 a year

RIVERSIDE, Calif. - Surf and sun may be on the minds of a lot of young Californians, but for Scott Murray and Jeremiah Worthington, the big thing was creating a home-grown online lending system that's now saving their employer a cool $120,000 a year or so. Using what was available...

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March 19, 2002

From static brochures to interactive loan apps, it's been a swift ride

COLUMBIA, S.C. - From brochureware to community portals to account aggregation, what a long, strange trip it's been for Web sites in credit union land, and who knows where it's going next? Bill Wagner's willing to hazard a guess. "In the not-so-distant future, the most functional CU Web site will...

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Top News Stories

CMG Mortgage Insurance Co. gets nod from Standard & Poor

State National Companies appoints new specialist

NY property/casualty agents renew online

Recommended Just For You

News Stories

Minnesota Life Group Insurance doubles annual premium

Checking the pulse of Member Insurance Services

Behind enemy lines

Online fraud losses continue to mount, new protections gain popularity

Ag lending capabilities drive one CU's DP decision

Riverside County CU creates an in-house lending system that's saving the CU over $120,000 a year

From static brochures to interactive loan apps, it's been a swift ride