For some credit unions, a stronger insurance product and service offering is worth the time and expense.
Building a stronger presence within the insurance sector may also be worth the effort because it keeps members close to home.
Texas-based credit union with $305 million in assets partnering with vendor Insuritas to open full-service agency in April.
Insuritas, a provider of outsourced insurance agencies, said it has signed on MIDFLORIDA Credit Union.
Depending on who’s offering an opinion, the Patient Protection and Affordable Care Act, commonly referred to as Obamacare by critics, is poised to either dismantle insurance coverage as we know it or will finally offer services to those who just don’t earn enough to pay for medical services.
CEO/President Don Reedy to retire from 1st MidAmerica Credit Union in June, ending 35-year career; Alan Meyer to take over.
Insuritas to provide automated sales platform and online agency capabilities to drive new levels of organic growth.
At a recent investment education seminar at a large hospital in Boston, Matthew Morrow witnessed what he says is a shift in who were asking some of the more poignant questions.
To meet the insurance needs of its members, Hanscom Federal Credit Union has opened its own insurance agency.
The number of affluent who turn to their credit union or bank for their investment and insurance needs is low, according to a Prudential Financial study.