TruStage Press Archives

Wealth management services not just for the extremely wealthy

MADISON, WI (June 26, 2017) — Continued misperceptions about wealth management along with the industry’s shifting focus to serve high-net worth clients are attributing to a growing gap in investment services, said Michael Johnson, CUNA Mutual Group vice president of Wealth Management, during a ...

Credit unions can expect continued change with fintech disruption

MADISON, WI (June 16, 2017) — Credit unions should expect continued shifts in the financial and insurance technology startup environment in the coming years, said CMFG Ventures’ president, Brian Kaas. CMFG Ventures is the venture capital arm of CUNA Mutual Group. Kaas presented on financial ...

CUNA Mutual Group’s May Credit Union Trends Report

MADISON, WI (May 25, 2017) — CUNA Mutual Group’s May Credit Union Trends Report is now available. Highlights from the report follow. May 2017: Credit union loan balances rose 0.9% in March, slower than the 1.1% pace reported in March 2016, and ...

CUNA Mutual Group names Jacqueline S. Shoback to board of directors

MADISON, WI (May 16, 2017) — CUNA Mutual Group has appointed Jacqueline S. Shoback to its board of directors, effective immediately, replacing director Joseph J. Gasper, who is retiring after 12 years of service. Shoback is executive vice president, chief client development officer for Boston ...

CUNA Mutual Group announces new data and analytics services business

MADISON, WI (May 2, 2017) — CUNA Mutual Group today announced the launch of CUNA Mutual AdvantEdge Analytics LLC, a new data and analytics technology and services business to help credit unions deliver a better member experience through actionable data insights. The industry’s most ...

CUNA Mutual Group’s April Credit Union Trends Report

MADISON, WI (April 27, 2017) — CUNA Mutual Group’s April Credit Union Trends Report is now available. Highlights from the report follow. April 2017: The nation’s credit unions increased their loan portfolios by 0.5% in February, faster than the 0.1% pace ...

CMFG Ventures leads investment in MortgageHippo

MADISON, WI (April 18, 2017) — CMFG Ventures, LLC, the venture capital entity of CUNA Mutual Group, announced its latest investment in Chicago-based, MortgageHippo, Inc., a financial technology startup that provides a digital mortgage platform to guide consumers through every step of the mortgage origination ...

CUNA Mutual Group named 2017 Celent Model Insurer

MADISON, WI (April 5, 2017) — CUNA Mutual Group has won a 2017 Celent Model Insurer Award in the digital and omnichannel technology category for its TruStage® simplified-issue term life insurance product. The recognition by Celent, a global research and advisory firm in the financial ...

CUNA Mutual Group’s March Credit Union Trends Report

MADISON, WI (March 28, 2017) — CUNA Mutual Group’s March Credit Union Trends Report is now available. Highlights from the report follow. March 2017: Credit union loan balances rose 0.9% in January, better than the 0.4% pace reported in January 2016, and ...

CUNA Mutual Group named a 2017 World’s Most Ethical Company

MADISON, WI (March 13, 2017) — CUNA Mutual Group has been recognized as a 2017 World’s Most Ethical Company® by the Ethisphere® Institute, a global leader in defining and advancing the standards of ethical business practices. This year marks the 11th anniversary of Ethisphere ...

CUNA Mutual Group reports strong financial results for 2016

MADISON, WI (March 9, 2017) — CUNA Mutual Group today reported strong 2016 financial earnings and operating results, including record revenues and income for the third straight year. Total revenue rose to $3.3 billion, an increase of 4.7 percent from 2015. Net income ...

CUNA Mutual Group’s February Credit Union Trends Report

MADISON, WI (March 1, 2017) — CUNA Mutual Group’s February Credit Union Trends Report is now available. Highlights from the report follow. February 2017: Credit union loan balances rose 10.9% in 2016, up from the 10.3% reported in 2015. Credit union new ...