Thrivent Financial for Lutherans will provide a potential membership of 2.5 million people nationwide.
Over the past few years, CUNA Mutual Group has focused on bolstering a number of areas to weather the most recent financial crisis.
The World Council of Credit Unions has two new members: a cooperative holding company from Colombia and Moldova’s credit union trade association.
While the 550,000 policyholders of the newly restructured CMFG Life Insurance Co. may not see any substantial changes, the firm’s parent company is looking forward to how the move will help it diversify and expand beyond the credit union industry.
CUNA Mutual Insurance Society has completed its reorganization to a mutual insurance holding company structure, according to CUNA Mutual Group.
This online only article accompanies the comprehensive looks at the year gone by in the Dec. 21 Year-in-Review print edition of Credit Union Times.
Longtime customers of Thrivent Financial Bank, an Appleton, Wis.-based bank with credit union roots, may experience confusion and feelings of déjà vu in the coming months as the bank returns to being a credit union.
A plan from CUNA Mutual Group for a new mutual ownership structure recently received approval from the Iowa Insurance Commissioner.
Iowa regulator's approval opens door for new mutual insurance holding company structure to take effect Jan. 31.
At its Sept. 7 annual policyholders meeting Sept.7 CUNA Mutual Group said 93% of them approved a new mutual ownership structure for the company.