TruStage Press Archives

CMFG Ventures invests in Rippleshot

CHICAGO, IL (February 8, 2017) — CMFG Ventures, LLC, the venture capital entity of CUNA Mutual Group, announced its investment in Chicago-based Rippleshot, Inc, a financial technology startup that provides transaction monitoring and fraud detection technology for financial institutions, processors, and merchants. Led by KDWC ...

CUNA Mutual Group’s January Credit Union Trends Report

MADISON, WI (January 25, 2017) — CUNA Mutual Group’s January Credit Union Trends Report is now available. Highlights from the report follow. January 2017: Credit union loan balances rose 0.9% in November, greater than the 0.7% pace reported in November 2015. Over ...

CUNA Mutual Group’s December Credit Union Trends Report

MADISON, WI (December 22, 2016) — CUNA Mutual Group’s December Credit Union Trends Report is now available. Highlights from the report follow. December 2016: Credit union loan balances rose 0.9% in October, faster than the 0.6% pace reported in October 2015. Credit ...

CUNA Mutual Group’s November Credit Union Trends Report

MADISON, WI (November 29, 2016) — CUNA Mutual Group’s November Credit Union Trends Report is now available. Highlights from the report are below: October 2016: Credit union savings balances rose 1.5% in September, greater than the 0.2% gain reported in September 2015, ...

CUNA Mutual Group debuts simplified-issue term life insurance product

MADISON, WI (November 16, 2016) — CUNA Mutual Group’s new TruStage simplified-issue term life insurance product is quickly catching the attention of credit union members due to its entirely online consumer purchase experience. After answering just two health questions, a completely automated underwriting platform ...

David Sweitzer to lead CUNA Mutual Group Wealth Management business

MADISON, WI (November 3, 2016) — CUNA Mutual Group has announced David Sweitzer will lead its Wealth Management business, which includes CUNA Brokerage Services, Inc., and the company’s financial advisor network and wealth management products. Sweitzer succeeds Jeff Bosco, who leaves the company after ...

CUNA Mutual Group’s October Credit Union Trends Report

MADISON, WI (November 1, 2016) — CUNA Mutual Group’s October Credit Union Trends Report is now available. Highlights from the report are below: October 2016: Credit union loan balances rose 1.1% in August, the same pace set in August 2015. Today credit unions ...

Excellence in Lending Awards presented at CUNA Lending Council conference

MADISON, WI (November 1, 2016) — Five credit unions were recognized for their lending prowess Monday, by receiving an Excellence in Lending Award during CUNA Lending Council’s 22nd annual conference. CUNA Mutual Group’s Andrea Stritzke, product management director, presented awards to: Service Credit ...

CUNA Mutual Foundation’s Steve Goldberg to retire at year-end

MADISON, WI (October 28, 2016) — Steve Goldberg, executive director of the CUNA Mutual Foundation and a highly visible and passionate supporter of credit unions nationwide and of corporate philanthropy in the Madison area, will retire at year-end, capping a 48-year career at the credit ...

CUNA Mutual Group announces investment in ForeverCar

MADISON, WI (October 26, 2016) — CUNA Mutual Group’s venture capital entity, CMFG Ventures, LLC, announced today it is leading the venture-backing for Chicago-based ForeverCar, a full-service provider of extended service protection plans. Launched earlier this year, CMFG Ventures focuses on InsurTech and FinTech ...

Steady economic growth forecast for 2017

MADISON, WI (October 18, 2016) — Credit unions can expect steady growth as the economy experiences a slight acceleration in 2017, said CUNA Mutual Group’s Chief Economist Steven Rick. This is good news for credit unions looking to expand their reach and services in ...

Engagement technology helps credit unions motivate employees

MADISON, WI (October 18, 2016) — Credit unions see employees’ productivity, profitability and interaction improve with a new, real-time engagement tool that utilizes game mechanics. Shared at CUNA Mutual Group’s seventh annual Discovery Conference, attendees saw first-hand the new tool designed for the company’...

Harness the power of data and analytics today

MADISON, WI (October 18, 2016) — Credit unions must start leveraging and analyzing members’ data to unlock significant potential and remain competitive with their financial industry peers, attendees of CUNA Mutual Group’s seventh annual Discovery Conference were told today. “Credit unions are awash with ...